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Hilliard Company experienced an accounting event that was recorded in the company's general journal as indicated below: Cash Accounts Receivable Debit Credit 43,000 43,000

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Hilliard Company experienced an accounting event that was recorded in the company's general journal as indicated below: Cash Accounts Receivable Debit Credit 43,000 43,000 Which one of the following choices accurately reflects how this event would affect the company's financial statements? Multiple Choice Assets Liab. Equity Rev. Exp. +1 n/a n/a n/a n/a Net Inc. n/a Cash Flow + OA Assets +- Liab. Equity Rev. Exp. Net Inc. n/a n/a n/a Cash Flow +OA Assets Liab. Equity Rev. Exp. Net Inc. n/a n/a Cash Flow + OA Assets Liab. Equity n/a Rev. Exp. n/a Net Inc. Cash Flow n/a

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