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    Survey of Accounting Study Set 2
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    Exam 2: Basic Accounting Concepts
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    For EFG Co
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For EFG Co

Question 59

Question 59

Multiple Choice

For EFG Co. ,the transaction "Cash sales to customers" would


A) increase total assets.
B) decrease total assets.
C) have no effect on total assets.
D) decrease stockholders' equity.

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