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QUESTIONS Al-Ahmad Corporation received a cash advance of $500 from a customer. As a result of this event A. Increase in equity by $500. OB.

QUESTIONS Al-Ahmad Corporation received a cash advance of $500 from a customer. As a result of this event A. Increase in equity by $500. OB. Both assets and equity increased by $500 OC. Assets will be debited by $500 O D. Liabilities will be debited by $500

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