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What is the effect of the following business activity on the element indicated? Provided 1 month of services to a customer who paid for 3

What is the effect of the following business activity on the element indicated? Provided 1 month of services to a customer who paid for 3 months in advance, $1,200. --- Revenue

Question 1 options:

1)

increase

2)

no effect

3)

decrease

4)

increase to one and decrease to another

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