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When a company provides services to its customers on account ( meaning customers will pay the company later ) , which of the following is
When a company provides services to its customers on account meaning customers will
pay the company later which of the following is true?
There is an increase in assets and increase in liabilities
There is an increase in assets and increase in common stock
There is an increase in liabilities and increase in revenue
There is an increase in assets and increase in revenue
This is not a recordable transaction
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