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What effect will a transaction recording accrued income have

Assignment Help Managerial Accounting
Reference no: EM132614792

Problem 1: What effect will a transaction recording accrued income have?

a) It will increase cash and decrease sales income

b )It will increase accounts receivable and sales income

c) It will increase accounts receivable and accounts payable

d) It will have no effect on total assets

Reference no: EM132614792

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