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    Financial Accounting
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    Exam 3: The Accounting Information System
  5. Question
    If Services Are Performed on Credit, Then
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If Services Are Performed on Credit, Then

Question 1

Question 1

Multiple Choice

If services are performed on credit, then


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

Correct Answer:

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