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7 If a company receives cash from a customer before performing services for the customer, then assets increase and liabilities decrease. assets increase and stockholders'

7 If a company receives cash from a customer before performing services for the customer, then assets increase and liabilities decrease. assets increase and stockholders' equity decreases. assets increase and stockholders' equity increases. assets decrease and liabilities increase. 0.66 pts assets increase and liabilities increase. Sm G

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