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Munster Inc. debits Deferred Revenue and credits Service Revenue. As a result of this adjusting entry, Munster's: ( Select all that apply. ) liabilities will

Munster Inc. debits Deferred Revenue and credits Service Revenue. As a result of this adjusting entry, Munster's:

(

Select all that apply.

)

liabilities will decrease

assets will decrease

equity will increase

liabilities will increase

equity will decrease

assets will increase

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