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 are no new transactions occurring. The only effect is on the cash account, which increases, but this is offset by a decrease in accounts receivable. Therefore, there is no net effect on the accounting equation.