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* Company prepares monthly financial statements. On September 6, its accountant made an entry that...

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Accounting

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* Company prepares monthly financial statements. On September 6, its accountant made an entry that resulted in a 166,000 increase in Cash and a 66,006 decrease in Accounts Receivable Which of the following transaction is consistent with this entry? X Company sold merchandise to customers on account for $66,000 received $66.000 from a customer who had previously bought merchandise on account paid $66,000 to a supplier from whom the firm had previously bought merchandise on account received $66,000 from a customer who bought merchandise with cash received $66,000 from a new investor borrowed 566,000 from a bank and signed a note Tries 0/99

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