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Company A paid off $ 5 0 0 it owed Company C in period 1 . In the same period, Company A provided janitorial service

Company A paid off $500 it owed Company C in period 1. In the same period, Company A provided janitorial service of $500 on credit to company D. Assuming these were the only transactions in period 1, Company As revenue will increase by $500 at the end of period 1. True False

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