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    Introductory Financial Accounting for Business Study Set 1
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    Exam 1: An Introduction to Accounting
  5. Question
    When a Business Provides Services for Cash, What Is the Effect
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When a Business Provides Services for Cash, What Is the Effect

Question 122

Question 122

Multiple Choice

When a business provides services for cash, what is the effect on the accounting equation are affected?


A) Revenue and Expense
B) Cash and Retained Earnings
C) Cash and Expense
D) Cash and Dividends

Correct Answer:

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