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17. The Caruzo Uptown Grill receives a bill of $400 from the Erml Advertising Agency. The owner, John Caruzo, is postponing payment of the bill

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17. The Caruzo Uptown Grill receives a bill of $400 from the Erml Advertising Agency. The owner, John Caruzo, is postponing payment of the bill until a later date. The effect on specific items in the accounting equation is * (1 Point) O a decrease in Accounts Payable and an increase in Revenue Earned. a decrease in Cash and an increase in Accounts Payable. an increase in Accounts Payable and an increase in Advertising Expense. a decrease in Cash and an increase in Revenue Earned

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