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ABC Company receives $ 5 0 , 0 0 0 ?cash in advance payments from customers as down payments for work to be done in

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ABC Company receives $50,000 ?cash in advance payments from customers as down payments for work to be done in the next accounting period.
The transactions effect on the accounting equation is:
increase CASH and increase UNEARNED REVENUE
Unearned revenue is a liability; ABC is obligated to perform work in the future.
It is not revenue (yet), ?because no goods or services have been provided yet.
Consider the following transaction:
ABC Company purchases a building for $250,000 ?cash (the building is expected to last 40 ?years).
In addition to a decrease in the asset cash, how else is the expanded accounting equation impacted by this transaction?
increase in another non-cash asset
increase in liabilities
increase in common stock
increase in revenues
increase in expenses
increase in dividends
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