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Record the following transaction using the horizontal model format: Mike's Management Company collected $25,000 cash from previous sales made on account. Cash = $25,000; Accounts
Record the following transaction using the horizontal model format: Mike's Management Company collected $25,000 cash from previous sales made on account. Cash = $25,000; Accounts Receivable = $(25,000) Accounts Receivable = $25,000; Cash = $(25,000) Accounts Receivable = $25,000; Revenue = $25,000 Revenue = $(25,000); Accounts Receivable = $(25,000)
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