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ohaa [14]
3 years ago
10

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
Business
1 answer:
Alja [10]3 years ago
5 0
The expanded accounting equation would include the following.

C.) Cash Increase and Accounts Receivable decrease of 12,000.

Initial journal entry would be:

debit: Accounts Receivable 12,000
           Credit:    Sales                        12,000

Collection of 12,000

debit: Cash                          12,000
            Credit: Accounts Receivable  12,000

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2 years ago
The CEO of TruTone Manufacturing tells her executive management team that the company must become more agile to stay competitive
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The statement "I believe that we need to organize around our primary strengths and expertise" complete part is: core capabilities.

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(third option listed)

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2 years ago
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Answer:

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3 years ago
Read 2 more answers
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