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Which of the following transactions will cause both the left and right side of the balance sheet equation to increase? Multiple Choice : We collect

Which of the following transactions will cause both the left and right side of the balance sheet equation to increase?

Multiple Choice : We collect cash from a customer who owed us money. None of the other alternatives are correct We pay a supplier for inventory we previously bought on account. We purchase equipment for cash. We borrow money from the bank.

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