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If JLI Business Services collects on an account receivable: Assets = A , Liabilities = L , and Owner s Equity = OE Increase =
If JLI Business Services collects on an account receivable:
Assets A Liabilities L and Owners Equity OE
Increase I, Decrease D NE No Effect
Group of answer choices
a A I, L I, OE NE
b A D L D OE D
c A NE L NE OE NE
d A I, L D OE I
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