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Correct Answer : C Sold goods OMR 32000 ( Cost28000). Received 30% in cash and balance on account. State the effect on Account receivable A.

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Correct Answer : C
Sold goods OMR 32000 ( Cost28000). Received 30% in cash and balance on account. State the effect on Account receivable A. Account receivable increase 9600 B. Account Receivable decrease 9600 C. Account receivable increase by 22400 D. Account receivable decrease by 22400

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