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Business, 27.07.2020 01:01 natewestly6464

Wisconsin Company collected $42,000 cash on its accounts receivable. The effects of this transaction are: Multiple Choice Both total assets and equity are unchanged and liabilities increase. Both total assets and total liabilities decrease. Total assets decrease and equity increases. Total assets increase and equity decreases.

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Wisconsin Company collected $42,000 cash on its accounts receivable. The effects of this transaction...
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