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Question 15 (1 point) Services are provided for customers who are sent bills for the amount they owe. For this transaction, identify the effect on

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Question 15 (1 point) Services are provided for customers who are sent bills for the amount they owe. For this transaction, identify the effect on the accounting equation. Liabilities increase and stockholders' equity decreases. 1 Assets increase and liabilities increase. Liabilities decrease and assets decrease. : Assets increase and stockholderyequity increases. Question 16 (1 point) Your bookkeeper is off for the day and you are trying to figure out what her last entry in the journal could be for. Unfortunately, she only recorded the debit side of the transaction as $4,400 to Accounts Payable. It is possible that this debit could correspond to O a purchase of equipment costing $4,400 on credit. 0 a $4,400 issuance of the company's capital stock. c a 54,400 sale to a customer. O a payment of $4,400 to a supplier to settle a balance due

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