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Q: if during the month prepayments increased by $15,000 and unearned income increase by $10,000, the result on the balance sheet would be: a) liabilities

Q: if during the month prepayments increased by $15,000 and unearned income increase by $10,000, the result on the balance sheet would be:

a) liabilities increased $35,000

b)liabilities increased $15,000 and assets increased $10,000

c) assets increased $35,000

d)assets increased $15,000 and liabilities increased $10,000

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