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In the space provided, write the word increase or decrease to complete each sentence. 1. When a company performs a service for a customer on
In the space provided, write the word increase or decrease to complete each sentence. 1. When a company performs a service for a customer on credit (i.e., on account), the revenue account will and the accounts receivable account will 2. When a company receives cash for a revenue to be performed in the future, the cash account will and the unearned revenue account will 3. When a company sells inventory, the inventory account will 4. When a company receives cash from a customer in exchange for performing a service, the revenue account will 5. When a company pays employees for services performed during the period, the salary expense account will and the cash account will 6. When a company incurs and pays an expense in cash, the cash account will and the expense account will
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