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Assets created by a company by selling goods and services on credit are called: O Accounts payable O Accounts receivable O Equity O Investment O
Assets created by a company by selling goods and services on credit are called: O Accounts payable O Accounts receivable O Equity O Investment O Common stock Question How would the accounting equation of Boston Company be affected by the billing of a client f $10,000 of consulting work completed? O +$10,000 accounts receivable; - $10,0000 accounts payable O +$10,000 accounts receivable; +$10,000 accounts payable O + $10,000 accounts receivable; + $10,000 cash O + $ 10,000 accounts receivable; + $10,000 revenue O + $10,000 accounts receivable; - $10,000 revenue
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