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  3. Study Set
    Fundamental Accounting Principles
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    Exam 1: Accounting in Business
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    Blu Lightning Co
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Blu Lightning Co

Question 14

Question 14

Essay

Blu Lightning Co. received $5,000 for a previously recorded account receivable from the Cheetah Co. Enter the appropriate amounts into the accounting equation format.

Correct Answer:

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Assets = Liabilities...

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