Your company received payment last month for a service that you provided this month. How will the business activity of the current month affect the basic accounting equation? Multiple Choice Assets (Cash) will increase, liabilities will not change and Shareho ders' equity Service Revenue will increase. Assets will not change, liabilities (Deferred Revenue will decrease, and Shareho ders' equity Service Revenues will increese. Assets (Casit) will increase, liabilites (Deterrecl Revenue will increase, and Shareholders' equilty will not charge. Assets (Preoald Expenses will decrease, liabilities will not change, and Shareholders' equity Service Revenue will increase