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The issue of Bonds Payable results in: a . Total Assets Total Equity b . Total Assets Total Equity Decreased Decreased c . Total Assets
The issue of Bonds Payable results in:
a Total Assets Total Equity
b Total Assets Total Equity
Decreased
Decreased
c Total Assets Total Equity
d
e
The entry to record the providing of services cash to be collected later would include:
a Debit to Assets & Credit to Liabilities
b Debit to Liabilities & Credit to Assets
c Debit to Assets & Credit to Revenue
d Debit to Owners' Equity & Credit to Revenue
e Debit to Revenue & Credit to Asset
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