Help Save & Exit On January 1, Brad Inc. sold $30,000 in products to a customer on account. Then on January 10, Brad collected the cash on that account. What is the impact on Brad's accounting equation from the collection of cash on January 10? Multiple Choice No net effect on the accounting equation Assets increase and liabilities decrease. O Assets decrease and liabilities decrease O Assets increase and stockholders' equity increases Prev 21 of 30 !!! Next >