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22 June, 18:35

For each of the following transactions for, state whether the total effect of the transaction results in an increase, decrease, or has no effect on assets, liabilities, equity, and net income. collected cash from a credit sale 20 days after the sale. The terms of the sale were 2/15, n/25

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  1. 22 June, 19:53
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    It will increase the assets, equity and net income but decrease the liabilities
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