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Question 28 1 pts ACCOUNTING EQUATION IMPACT: [Select the option that illustrates the impact on the accounting equation] Company earns $40,000 for services performed and

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Question 28 1 pts ACCOUNTING EQUATION IMPACT: [Select the option that illustrates the impact on the accounting equation] "Company earns $40,000 for services performed and is paid in cash." Assets + Equity Labilities - 40.000 40,000 Liabilities + Assets - 40,000 Equity - 40,000 Liabilities Equity Assets - 40.000 40.000 Assets 40.000 Liabilities . Equity 40.000 Assets - 40,000 + Liabilities 40,000 Equity Assets 40,000 Liabilities 40.000 Equity

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