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On February 10th Robel Co received $103,000 in cash for services that Robel Co will perform in April. What is the effect on the accounting

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On February 10th Robel Co received $103,000 in cash for services that Robel Co will perform in April. What is the effect on the accounting equation? Decrease Assets $103,000; Increase Retained Earnings $103,000 Increase Assets $103,000; Increase Retained Earnings $103,000 increase Assets \$103,000; Decrease Labilities \$103,000 increase Assets $103,000; Increase Liabilities $103,000 December 9th Christiansen Company incurred advertising expense for December of $1,950 on account. What is the effect on Christiansen Company's axpanded accounting equation? Decrease Cash $1,950; Increase Expenses $1,950 Increace Accounts Receivabie \$1,950; Increase Expenses $1,950 Increase Accounte Payable \$1,950; Increase Expenses \$1,950 Decrease Cash \$1,950, Increase Accounts Payable \$1,950

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