Company I provided services worth $3,000 to a client on account. How does this transaction...
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Accounting
Company I provided services worth $ to a client on account. How does this transaction affect the company's financial statements?Options: A Increase in Accounts Receivable and Increase in Revenue B Increase in Cash and Increase in Revenue C Increase in Accounts Payable and Increase in Revenue D Increase in Accounts Receivable and Increase in Liabilities
Company I provided services worth $ to a client on account. How does this transaction affect the company's financial statements?Options: A Increase in Accounts Receivable and Increase in Revenue
B Increase in Cash and Increase in Revenue
C Increase in Accounts Payable and Increase in Revenue
D Increase in Accounts Receivable and Increase in Liabilities
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