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Question 7 Homework - Answered When a payment is collected from a customer on account, the result of this receipt is A to increase total

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Question 7 Homework - Answered When a payment is collected from a customer on account, the result of this receipt is A to increase total assets and no change to net income to increase net income and no change to total assets. O C no change to either total assets or net income. O D to increase both total assets and net income

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