Question: What is the correct answer for these questions? 3.When a payment is received from a customer on accounts receivable a. Assets and stockholders' equity both

What is the correct answer for these questions?

is received from a customer on accounts receivable a. Assets and stockholders'

equity both decrease. b. Assets and revenues both increase c. XLiabilities and

expenses both decrease. Total assets remain unchanged

3.When a payment is received from a customer on accounts receivable a. Assets and stockholders' equity both decrease. b. Assets and revenues both increase c. XLiabilities and expenses both decrease. Total assets remain unchanged

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