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During January, Bradbury Co. made $46,000 in total sales. All of the sales were for cash, except one sale to Lima for $1,500, which was on account. When Lima pays Bradbury in February, which of the following will be true?A) Both Bradbury's total revenue and cash will increase by $1,500 in February.B) There will be no change to either Bradbury's total assets or net income for February.C) Bradbury's total assets will increase by $1,500 when the cash is received, but no other accounts will be changed.D) Bradbury's net income will increase by $1,500, but no other accounts will be impacted.
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