. Which subsidiary account or accounts are affected when accounts receivable are collected? 1. Accounts Receivable and Inventory Asset 2. Inventory Asset 3. Accounts Receivable 4. Accounts Payable 5. None of the above f Which general ledger account is debited for the sale of inventory on credit? 1. Inventory Asset 2. Checking 3. Accounts Receivable 4. Job Materials 5. Sales g. Which subsidiary account/accounts is/are affected by sale of inventory on credit and how is each affected? 1. Inventory increase, Accounts Receivable decrease 2. Inventory increase only 3. Accounts Receivable increase only 4. Inventory decrease, Accounts Receivable increase 5. None of the above