This Month,a Company Performed $517,000 of Services and Incurred Total

Multiple Choice

This month,a company performed $517,000 of services and incurred total expenses of $438,000.If the company was paid in cash for all its services and paid cash for all its expenses,these transactions would cause:

A) revenues to increase $517,000,expenses to increase $438,000,and retained earnings to decrease $79,000.
B) cash to increase $517,000,expenses to increase $438,000,and contributed capital to increase $79,000.
C) revenues to increase $517,000,expenses to increase $438,000,and cash to increase $79,000.
D) revenues to increase $79,000,expenses to increase $438,000,and cash to increase $517,000.