Question: You receive a check from a customer for an open invoice. What effect will recording this transaction have on the accounting equation? Is this a

You receive a check from a customer for an open invoice.
What effect will recording this transaction have on the accounting equation?
Is this a correct option?
An increase to the bank account, and a decrease to the customer's books.
(i) This question may have more than one sub-question, which will be delivered one at a time on confirmation of your answe
You receive a check from a customer for an open

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