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An organization receives cash in advance of providing goods or services to a client. A) Increase in assets; decrease in liabilities; increase in net assets.

An organization receives cash in advance of providing goods or services to a client. A) Increase in assets; decrease in liabilities; increase in net assets. B Decrease in assets; increase in liabilities; decrease in net assets. C) Increase in assets; increase in liabilities; no change in net assets

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