What is the effect of the following business activity on the element indicated? Received $1,200 from a
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Question:
What is the effect of the following business activity on the element indicated?
Received $1,200 from a customer for services to be performed evenly over the next 3 months. --- Liabilities
Question 5 options:
1)
decrease
2)
increase
3)
no effect
4)
increase to one and decrease to another
Posted Date: