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A company performed $25,905 of services and received $9,000 in cash with the remaining amount to be paid in 60 days with no interest. What

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A company performed $25,905 of services and received $9,000 in cash with the remaining amount to be paid in 60 days with no interest. What would the effect of this transaction on the company's current month-end accounting equation? Select one: A. $16,905 increase in Assets; No effect on Liabilities: $16,905 increase in Stockholders' Equity B.$9,000 increase in Assets; $16,905 decrease in Liabilities; $25,905 increase in Stockholders' Equity C. $25,905 increase in Assets; $25,905 increase in Liabilities: No effect on Stockholders' Equity D. $25,905 increase in Assets: No effect on Liabilities: $25,905 increase in Stockholders' Equity

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