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If cash is received in advance from a customer assets will decrease. retained earnings will increase. stockholders' equity will decrease. liabilities will increase.
If cash is received in advance from a customer
assets will decrease.
retained earnings will increase.
stockholders' equity will decrease.
liabilities will increase.
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428858, 133428850, 133428702, 978-0133428704
