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Question 20 (1 point) Crabtree Company's tabular analysis at the beginning of August included the following balances: Ausets Liabilities Art. Pay Stockholders' Equity Com Retained

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Question 20 (1 point) Crabtree Company's tabular analysis at the beginning of August included the following balances: Ausets Liabilities Art. Pay Stockholders' Equity Com Retained Earnings Stock Re Lsp Cash Aects. Rec $1.500 How would Crabtree record the collection of the receivables in the tabular analysis? Increase Cash by $2.000 and increase Revenues by $2,000. Decrease Cash by $1,500 and decrease Accounts Payable by $1.500. Increase Cash by $2,000 and decrease Accounts Receivable by $2,000, Increase Cash by $1,500 and decrease Accounts Receivable by $1,500

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