Blenham, Inc.sells merchandise on credit.If a customer pays its balance due after the discount period has passed, what is the effect of the payment on Blenham's accounting equation?

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If a customer pays its balance due after the discount period has passed, there is no net effect on Blenham's accounting equation. This is because the transaction was already recorded when the credit sale was made and the accounts receivable was increased. The payment simply decreases the accounts receivable and increases cash, resulting in no change to the overall equation.