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18 Given the following transaction, indicate the impact on the accounting equation: Wilco receives payment from a customer for a sale made and billed in
18 Given the following transaction, indicate the impact on the accounting equation: Wilco receives payment from a customer for a sale made and billed in a prior period. Choose an answer for every category (Increase, Decrease, or No Change). Cash [Select] Non-Cash Assets [Select] Liabilities [Select] 8 pts + Contr. Capital [Select] + Acc. Other Comp. Inc + [Select] +Retained Earnings [Select]
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