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What is the impact on the accounting equation when in accounts receivable is collected? Both sides increase both sides decrease Only the asset side changes
What is the impact on the accounting equation when in accounts receivable is collected?
Both sides increase
both sides decrease
Only the asset side changes
The total of neither side changes
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
IFRS edition volume 2
978-0470613474, 470613475, 978-0470616314
