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05:47 80 Pumpkin Inc. sold $500 in pumpkins to a customer on account on January 1. On January 11, Pumple customer. What is the
05:47 80 Pumpkin Inc. sold $500 in pumpkins to a customer on account on January 1. On January 11, Pumple customer. What is the impact on Pumpkin's accounting equation from the collection of cash? Multiple Choice Decrease assets and decrease liabilities. Increase assets and increase liabilities.
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International Accounting
Authors: Timothy Doupnik, Hector Perera
4th edition
77862201, 978-0077760298, 77760298, 978-0077862206
