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When a company provides services on account, the accounting equation would be affected as follows: Multiple Choice Assets increase. Assets increase and liabilities decrease. Revenues
When a company provides services on account, the accounting equation would be affected as follows:
Multiple Choice
Assets increase.
Assets increase and liabilities decrease.
Revenues increase.
Assets increase and stockholders' equity increases.
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General Accounting Financial Accounting
Authors: Bbc Kikumbi Mwepu
1st Edition
6206329488, 978-6206329480
