$71.$The accrual of revenue results in a debit to:

$$An expense

$$An asset

$$A contra$-$equity account

$$An income statement account

$72.$ Notes Payable $($due in $5$ years$)$ are shown on the financial statements as:

$$An equity account

$$A long term expense

$$A long$-$term liability

$$A long$-$term asset

$73.$ John's Restoration Services cleaned up a flooded apartment complex and was paid $$150,000$ in cash for its services. The effect on the accounting equation was:

$$Total assets and total stockholders' equity both increased.

$$Total assets decreased and total stockholders' equity increased.

$$Total assets and total stockholders' equity both decreased.

$$Total assets increased and total liabilities decreased.