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Legal services were provided to a credit customer. How would this affect the accounting equation?

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Legal services were provided to a credit customer. How would this affect the accounting equation?

Legal services were provided to a credit customer. How would this affect the accounting equation?
A) Accounts Payable decreased and Capital decreased.
B) Cash and Accounts Receivable increase.
C) Accounts Receivable and Revenue increase.
D) None of the above is correct.

Textbook

College Accounting: A Practical Approach

College Accounting: A Practical Approach

Edition: 13^th

Author: Slater

Read 72 times

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I wish I would have known about this service with my other classes.

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