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Silverberg Co. recorded and paid an $3,500 consulting invoice for consulting services received in the current month. Which occurred? a) Retained earnings increases. b) Liabilities

Silverberg Co. recorded and paid an $3,500 consulting invoice for consulting services received in the current month. Which occurred?

a)

Retained earnings increases.

b)

Liabilities decrease.

c)

Current assets increase.

d)

Operating income decreases.

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