Use the following to answer question 9: During a recent week, Emmy's Consulting received $25,000 cash from clients for services performed with a total value of $75,000. The balance is to be received within 30 days. 9. The final effect on the Statement of Financial Position for this transaction would be A) B) C) D) + $25,000 cash = - - $50,000 accounts payable + $75,000 retained earnings. + $25,000 cash - $50,000 accounts receivable = $75,000 retained earnings. + $25,000 cash + $50,000 accounts receivable = + $75,000 retained earnings. + $25,000 cash = + $25,000 retained earnings