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A company collected $10,000 cash from a customer as a deposit for goods that will be shipped next quarter. Which of the following items would
A company collected $10,000 cash from a customer as a deposit for goods that will be shipped next quarter.
Which of the following items would be increased by this cash collection transaction? (check all that apply)
Total Liabilities
Total Assets
Revenue
Accounts Receivable
Cash from Operations
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