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For retailers that accept major credit cards as payment, which of the following describes the effect of a credit card sale on the financial statements?
For retailers that accept major credit cards as payment, which of the following describes the effect of a credit card sale on the financial statements?
A Increase in accounts receivable
B Decrease in expenses
C Increase in cash
D decrease in revenue
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
10th Edition
