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Stanley Company earns $ 1 8 , 0 0 0 of revenue on account in Year 1 . Cash collections of receivables amount to $
Stanley Company earns $ of revenue on account in Year Cash collections of receivables amount to $ in Year with the
remainder being collected in Year Which of the following shows how the recognition of revenue in Year will affect the company's
accounting equation?
Option A
Option B
Option C
Option D
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