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Earning revenue decreases assets, increases liabilities increases assets, increases equity. increases assets, decreases equity increases one asset, decreases another asset June 23 Cash 6,000

Earning revenue 


decreases assets, increases liabilities 


increases assets, increases equity.


increases assets, decreases equity


increases one asset, decreases another asset


June 23 Cash 6,000 Common Stock 6,000 Issue stock The journal entry will

Increase Cash and decrease Common Stock


Increase Common Stock and decrease Cash


Increase Cash and increase Common Stock


Decrease Cash and decrease Common Stock

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