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What is the effect of the following business activity on the element indicated? A customer pays $1,500 cash for services to be performed over the

What is the effect of the following business activity on the element indicated? A customer pays $1,500 cash for services to be performed over the next 6 months. --- Equity

Question 3 options:

1)

increase

2)

no effect

3)

increase to one and decrease to another

4)

decrease

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