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After considering the following transactions, total assets increased by how much? 1. Borrowed cash on a note payable, $40,000 11. Provided services on account, $5,000

After considering the following transactions, total assets increased by how much? 1. Borrowed cash on a note payable, $40,000 11. Provided services on account, $5,000 III. Received cash from a customer as payment on account, $4,000 IV. Received a utility bill (yet to be paid), $600 $45,000 $49,600 $45,600 $49,000

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