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    Financial Accounting Study Set 25
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    Exam 1: Accounting in Action
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    If Services Are Rendered on Account, Then
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If Services Are Rendered on Account, Then

Question 55

Question 55

Multiple Choice

If services are rendered on account, then


A) assets will decrease.
B) liabilities will increase.
C) stockholders' equity will increase.
D) liabilities will decrease.

Correct Answer:

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