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Eagle News has a $6,000 account receivable from one of its advertisers, Allwood Floors. When Eagle receives $3,600 from Allwood as partial payment: O Eagle

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Eagle News has a $6,000 account receivable from one of its advertisers, Allwood Floors. When Eagle receives $3,600 from Allwood as partial payment: O Eagle should debit Accounts Receivable for $3,600. O Eagle should credit Cash for $3,600. O Eagle should credit Accounts Receivable for $3,600. O Eagle makes no journal entry until the total of $6,000 is received from Allwood

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