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Sales on account would produce what effect on the balance sheet? a. Increase Revenue b. Increase noncash assets (Accounts receivable) c. Decrease

Sales on account would produce what effect on the balance sheet?

a. Increase Revenue

b. Increase noncash assets (Accounts receivable)

c. Decrease noncash assets (Inventory)

d. A and B

e. A, B and C

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