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Beethoven Company Provided Consulting Services and Billed the Client $3,100

Question 3

Multiple Choice

Beethoven Company provided consulting services and billed the client $3,100. As a result of this event,


A) assets remained unchanged.
B) assets increased by $3,100.
C) stockholders' equity increased by $3,100.
D) assets and stockholders' equity both increased by $3,100.

Correct Answer:

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