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X Company prepares monthly financial statements. On September 6, is accountant made an entry that resulted in a $54,000 increase in Cash and a 554,000

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X Company prepares monthly financial statements. On September 6, is accountant made an entry that resulted in a $54,000 increase in Cash and a 554,000 decrease Accounts Receivable Which of the following transactions is consistent with this entry X Company received $S4,000 from a customer who bought merchandise with cash, sold merchandise to customers on account for $54,000. borrowed $54,000 from a bank and signed a note paid $54,000 to a supplier from whom the firm had previously bought merchandise on account received $54,000 from a new investor received $54,000 from a customer who had previously bought merchandise on account

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