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    Horngrens Accounting Study Set 2
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    Exam 1: Accounting and the Business Environment
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    Collection of an Account Receivable Would
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Collection of an Account Receivable Would

Question 85

Question 85

Multiple Choice

Collection of an account receivable would:


A) decrease liabilities.
B) have no effect on owner's equity.
C) decrease owner's equity.
D) increase total assets.

Correct Answer:

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