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Fletcher Corporation completed a consulting job and billed the customer $10,000. The impact on Fletcher Corporation from this transaction would be to: A. decrease liabilities
Fletcher Corporation completed a consulting job and billed the customer $10,000. The impact on Fletcher Corporation from this transaction would be to:
A. decrease liabilities and increase stockholders' equity.
B. increase assets and increase liabilities.
C. increase assets and increase stockholders' equity.
D. increase liabilities and decrease stockholders' equity.
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