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ABC Corporation has a customer who owes ABC $10,000 as an account receivable. When the customer pays the $10,000, the effect on ABC's books would:

ABC Corporation has a customer who owes ABC $10,000 as an account receivable. When the customer pays the $10,000, the effect on ABC's books would: O decreases assets. o increases net income O have no effect on total assets. increases assets

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