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The Sale of Merchandise to a Customer Partly for Cash

Question 48

Multiple Choice

The sale of merchandise to a customer partly for cash and partly on account would require which of the following?


A) increase in Accounts Receivable,increase in Cash,increase in Sales Revenue
B) increase in Cash,decrease in Accounts Payable,increase in Sales Revenue
C) increase in Cash,increase in Sales Revenue
D) decrease in Accounts Payable,increase in Accounts Receivable,increase in Sales Revenue

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