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Trudeau Company provides $2,000 worth of services to customers and will receive payment within 30 days. How should this transaction be recorded? Select one: a.
Trudeau Company provides $2,000 worth of services to customers and will receive payment within 30 days. How should this transaction be recorded? Select one: a. Increase cash; increase revenue b. Increase cash; increase unearned revenue c. Increase accounts receivable; increase revenue d. Increase cash; decrease accounts receivable
Trudeau Company provides $2,000 worth of services to customers and will receive payment within 30 days. How should this transaction be recorded?
Select one:
a. Increase cash; increase revenue
b. Increase cash; increase unearned revenue
c. Increase accounts receivable; increase revenue
d. Increase cash; decrease accounts receivable
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