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Delta Enterprises received cash from customers when service was rendered. The effect of this transaction on the basic accounting equation is: a. Increase in assets

Delta Enterprises received cash from customers when service was rendered. The effect of this transaction on the basic accounting equation is:

a. Increase in assets and increase in liabilities

b Increase in assets and increase in equity

c. Decrease in assets and increase in equity

d. Increase in assets and decrease in equity

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