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Sales of $100,000 were made in cash. The merchandise was shipped to the costumer and had originally cost $110,000. Net Effects on Assets: Net Effects

Sales of $100,000 were made in cash. The merchandise was shipped to the costumer and had originally cost $110,000.

Net Effects on Assets:

Net Effects on Liabilities:

Net Effects on Equity:

Net Effects on Revenues:

Net Effects on Expenses:

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