Q2-42. Performing a service on account will a. increase total liabilities. c. increase total assets. b. increase

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Q2-42. Performing a service on account will

a. increase total liabilities.

c. increase total assets.

b. increase shareholders’ equity.

d. both b and c.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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