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Conlon Construction Company is a fourth-generation family-owned construction company located in San Antonio, Texas. Conlon recelved $6,000 in advance for a job not yet completed.

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Conlon Construction Company is a fourth-generation family-owned construction company located in San Antonio, Texas. Conlon recelved $6,000 in advance for a job not yet completed. They debited cash. They forgot to complete the relevant entry for credit. Therefore, which of the following is true

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