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QUESTION 4 XYZ Corp. made cash sales to customers. What effect does this transaction have on the accounting equation? O a. There is no effect

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QUESTION 4 XYZ Corp. made cash sales to customers. What effect does this transaction have on the accounting equation? O a. There is no effect on the accounting equation as one asset account increases while another asset account decreases. O b. Assets increase and stockholders' equity increases. O Liabilities increase and stockholders' equity increases. O d. Assets increase and liabilities increase

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