Multiple Choice
On March 2, 2015, Lang Company provided snow removal services to a customer for$1,000 cash. What is the impact of this transaction on the net assets of Lang?
A) No impact.
B) Increase of $2,000.
C) Increase of $1,000.
D) Decrease of $2,000.
E) Decrease of $1,000.
Correct Answer:
Verified
Correct Answer:
Verified
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