Question: d . A large customer owing $ 2 . 5 million for products it already received declared bankruptcy, leaving no possibility that Global would ever
d A large customer owing $ million for products it already received declared bankruptcy, leaving no possibility that Global would ever receive payment. Select the best choice below.
A Accounts receivable would decrease by $ million, and the book value of equity would increase by the same amount.
B Acd unts receivable would increase by $ million, as would the book value of equily.
C Accounts receivable would increase by $ million, and the book value of equity would decrease by the same amount.
D Accounts receivable would decrease by $ million, as would the book value of equity.
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