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blem # 2 of 1 4 Cool Taste Company recorded $ 8 , 2 0 0 in sales on account for the week. What effect
blem # of
Cool Taste Company recorded $ in sales on account for the week. What effect does this transaction have on the accounting equation?
a $ increase in assets and $ decrease in owner's equity
b $ increase in assets and $ increase in liabilities
c $ increase in assets and $ increase in owner's equity
d No effect on the accounting equation
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