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Go Blue Retail Store collected $12,000 of its accounts receivable. The expanded accounting equation changes include which of the following?

A. Cash and capital increase of $12,000
B. Cash and revenue increase of $12,000
C. Cash increase and accounts receivable decrease of $12,000
D. Accounts receivable decrease and capital increase of $12,000

2 Answers

1 vote
The answer to you question is C. Cash increase and accounts receivable decrease of $12,000.
User MadhuP
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4 votes
The answer is C.....
User Martin Gardener
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