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Vita Corporation Performed Services on Account for €22,000

Question 58

Multiple Choice

Vita Corporation performed services on account for €22,000. This transaction will


A) increase Cash and increase Service Revenue by €22,000.
B) increase Accounts Receivable and increase Service Revenue by €22,000.
C) decrease Accounts Payable and increase Cash by €22,000.
D) increase Cash and decrease Accounts Receivable by €22,000.

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