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7. Eagle News has a $6,000 account receivable from one of its advertisers, Allwood Floors. When Eagle receives $3,600 from Allwood as partial payment: A.

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7. Eagle News has a $6,000 account receivable from one of its advertisers, Allwood Floors. When Eagle receives $3,600 from Allwood as partial payment: A. Eagle should debit Accounts Receivable for $3,600. B. Eagle should credit Cash for $3,600. C. Eagle should credit Accounts Receivable for $3,600. D. Eagle makes no journal entry until the total of $6,000 is received from Allwood

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