Question: Recognizing revenue on account will.. 1 cause a decrease in the amount of retained earnings shown on the statement of changes in stockholders equity 2

Recognizing revenue on account will.. 1 cause a decrease in the amount of retained earnings shown on the statement of changes in stockholders equity 2 cause an increase in the amount of net income shown on the income statement 3 cause the total assets shown on the balance sheet to decrease 4 not affect the statement of cash flows

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