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Transaction: Charged customers for services sold on account. In the table below, show the effect of the transaction above to each of the categories below
Transaction: Charged customers for services sold on account. In the table below, show the effect of the transaction above to each of the categories below (Assets, Liabilities, Equity) and the specific account within the category. [Note: every dropdown box requires an answer.] Assets Assets will account. Liabilities Liabilities will account. Equity Equity will due to the due to the due to the account. Accounts Payable Accounts Receivable Ft Advertising Expense Automobile Expense Cash Dividends Fees Earned Insurance Expense Land Prepaid Insurance Prepaid Rent Rent Expense Repairs & Maintenance Expense Stock Supplies Supplies Expense Telephone Expense Utility Expense Wages Expense Wages Payable no Asset accounts in this transaction ie
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