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  3. stannous company earns $2.000 of revenue on accoun

Stannous Company earns $2.000 of revenue on account in Year 1. Cash collections of recelvables...

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Accounting

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Stannous Company earns $2.000 of revenue on account in Year 1. Cash collections of recelvables amount to $1,800 in Year 1with the remainder being collected in Year 2. Which of the following shows how these events affect the company's Year 1 financial statements Balance sheet Income Statement Statement of AssetsLiabilitiesEquity Rev.xpNet Inc. Cash Flows NA NA NA NAI NA +OA 0A NA NA NA NA Multiple Choice Option A Option B Option C

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