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On January 1, a company received advanced membership payments of $300 from a customer for the next 6 months. The membership is in effect immediately.

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On January 1, a company received advanced membership payments of $300 from a customer for the next 6 months. The membership is in effect immediately. By how much would the company's equity have changed by March 31? Select one: a. $0 b. $300 c. $150 d. $50

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