A journal entry that debits Cash and credits Accounts Receivable indicates that:

A) payment was received on account.
B) payment was made on account.
C) revenue increased.
D) revenue decreased.

A

Business

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A _____ is a network of human relations that consists of ideas, institutions and material objects.

Fill in the blank(s) with the appropriate word(s).

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A ________ exchange rate means that the rate changes constantly depending on the quantity supplied and demanded for the currency

A) fixed B) floating C) banded D) none of the above

Business