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A roofing company receives cash in April for services to be performed in May. The advance receipt of cash in April results in a(n): increase

image text in transcribed A roofing company receives cash in April for services to be performed in May. The advance receipt of cash in April results in a(n): increase in assets and increase in liabilities increase in assets and decrease in liabilities decrease in assets and decrease in liabilities decrease in assets and increase in liabilities

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