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Question 4 10 pts Which of the following shows how recognizing revenue on account will affect a company's financial statements? d Balance Sheet Income Statement
Question 4 10 pts Which of the following shows how recognizing revenue on account will affect a company's financial statements? d Balance Sheet Income Statement Statement of Assets = Liab. + Equity Rev. - Exp.= Net Inc. Cash Flows NA NA -IA + + + + Balance Sheet Income Statement Statement of Assets = Liab. + Equity Rev. - Exp. = Net Inc. Cash Flows NA + NA + + NA + O Balance Sheet Liab. + Statement of Cash Flows Assets = Equity Income Statement Exp. = Net Inc. NA + Rev. + NA + + + OA Balance Sheet Income Statement Statement of Assets = Liab.+ Equity Rev.- Exp.= Net Inc. Cash Flows NA NA NA NA NA + +
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