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Hamilton Lawn Service earned $1,000 for services rendered and collected cash from its customer. What is the effect on accounts? Your answer: Cash account
Hamilton Lawn Service earned $1,000 for services rendered and collected cash from its customer. What is the effect on accounts? Your answer: Cash account increases; Accounts payable increases Cash account increases; Accounts receivable increases Cash account increases; Supplies account decreases Cash account increases; Owner's capital account increases Clear answer
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