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how are the financial statements affected by this transaction ? Accounts that would be involved are cash and accounts receivable Since we are receiving cash
how are the financial statements affected by this transaction ? 
Accounts that would be involved are cash and accounts receivable Since we are receiving cash cash increases and accounts receivable would decrease Cash would be debited and accounts receivable would be credited Step by Step Solution
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
19th Edition
1292255994, 9781292255996
