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Receiving cash from a customer on account will A . increase stockholders' equity. B . decrease liabilities. C . have no effect on total assets.
Receiving cash from a customer on account will
A increase stockholders' equity.
B decrease liabilities.
C have no effect on total assets.
D increase total assets.
A increase both total assets and total liabilities by $
B decrease both total assets and total liabilities by $
C decrease total assets and increase total liabilities by $
D increase both total assets and total liabilities by $
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