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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
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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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