XYZ CO recorded journal entries for the cash payment of $30,000 of dividends, the $20,000 increase in accounts receivable for services provided, and the credit purchase of equipment for $42,000.What net effect do these entries have on Assets ? Select one: a. Decrease of $46,000 b. Decrease of $88,000 c. Increase of $32,000 d. Decrease of $152,000 Previous page Next page Return to: General -->