Outdoor Adventures Travel recorded revenues of $3,000 earned on account by providing travel service for clients. 1.

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Outdoor Adventures Travel recorded revenues of $3,000 earned on account by providing travel service for clients.
1. How much are the business's cash and total assets, assuming this is the only transaction?
2. Name the business asset that was increased as a result of this transaction.
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Horngrens Accounting

ISBN: 978-0133855371

10th Canadian edition Volume 1

Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood

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