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X Company prepares monthly financial statements. On September 6, its accountant made an entry that resulted in a $66,000 increase in Cash and a $66,000

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X Company prepares monthly financial statements. On September 6, its accountant made an entry that resulted in a $66,000 increase in Cash and a $66,000 decrease in Accounts Receivable. Which of the following transactions is consistent with this entry? X Company Oborrowed $66,000 from a bank and signed a note. received $66,000 from a customer who bought merchandise with cash. received $66,000 from a customer who had previously bought merchandise on account. paid $66,000 to a supplier from whom the firm had previously bought merchandise on account, sold merchandise to customers on account for $66,000. O received $66,000 from a new Investor 000 000 Submit Answer Tries 0/99 Send Feedback Communication Blocked EBook Air & 0

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