Collection of account receivable will :?

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Offre des prêts d'argents de 5.000 a 5.500.000€ à toutes personnes Voici notr...
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banque tmf
23-June-2016

A) Increase assets and decrease assets B) Increase assets and decrease liabilities C) Increase assets and increase capitalD) Increase assets and increase cash

Accounting Account Management Financial Reporting Financial Accounting Bookkeeping

Question added by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group
Date Posted: 2015/07/02

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3 Answers

MOHAMMAD NOMAN Payam

by MOHAMMAD NOMAN Payam

A. Increase assets and decrease assets It increases the cash and decreases account receivable

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lakshminarasimham mallareddi

by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Correct Answer is B) Increase assets and decrease liabilities if a collection of account receivable made.

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by Saidul Alam , Accountant , Akhtar Al Balushi Trad. & Cont. L.L.C

A) Increase assets and decrease assets

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