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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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7 years ago
Vic's Mart collects $200 of its accounts receivable. The expanded accounting equation impact is:
A) Cash and Revenue increase $200.
B) Cash increases and Accounts Receivable decreases $200.
C) Accounts Receivable decreases and Capital increases $200.
D) Cash and Capital increase $200.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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keytwokeytwo
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#1
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7 years ago
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majestico Author
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#2
7 years ago
Yeah, makes a lot more sense. Appreciate this quite a lot
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