$18$

ABC Company provided $$50,000$ in accounting services to its customers for cash. In addition to a $$50,000$ increase in the asset cash, how else is the expanded accounting equation impacted?

Select one:

$$50,000$ decrease in another non$-$cash asset

$$50,000$ increase in common stock

$$50,000$ increase in dividends

$$50,000$ increase in expenses

$$50,000$ increase in liabilities

$$50,000$ increase in revenue

Clear my choice