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please answer all ABC corporation collects an account that was written off before. What is the impact of this transaction on ABCs financial statements? A.

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ABC corporation collects an account that was written off before. What is the impact of this transaction on ABCs financial statements? A. Liabilities will increase B. Liabilities will decrease. O Liabilities will not change. D. None of the above. Aac corporation wiices off a client's account because he is no longer in business. What is the impact of this tramacion on ABCs financial statement A Assets will increase 3. Assets will decrease OC Assets will be change None of the above ABC corporation writers ott a clients account because the client is no lorper in business Whae is the impact of this transaction on ABCs financial statements? A Stockholders equity will increase OBL Stockholders' equity will decrease OC Stockholders equity will not change OD. None of the above ABC corporation writes off a client's account because the client is no longer in business. What is the impact of this transaction on ABC's financial statements? A Liabilities will increase B. Liabilities will decrease C. Liabilities will not change D. None of the above

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