ABC Company received very positive media success. Management of ABC Company believes the positive press...

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Accounting

ABC Company received very positive media success. Management of ABC Company
believes the positive press will have the effect of doubling its sales in the next year. Due to
this positive media attention, how is the accounting equation impacted?
Select one:
Accounts receivable is increased and revenue is increased
Accounts receivable is increased and unearned revenue is increased
Unearned revenue is decreased and revenue is increased
No accounts are impacted; this is a non-recordable transaction
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