Customer account for the return

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A customer returned goods to Whetzel Co. that had been purchased for $60 on account. the goods has originally cost Whetzel $35. Frank credited the customer's account for the return.

Using: Increase, Decrease and N/A for no affect, how does this have an effect on:

Assets-Liabilities-Equity-Revenue-Expenses-Net income-Cash

Reference no: EM132203954

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