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Collection of a $ 1 2 0 0 Accounts Receivable decreases an asset $ 1 2 0 0 ; decreases a liability $ 1 2

Collection of a $1200 Accounts Receivable
decreases an asset $1200; decreases a liability $1200. decreases a liability $1200; increases stockholders' equity $1200. increases an asset $1200; decreases an asset $1200. increases an asset $1200; decreases a liability $1200.
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