Multiple Choice
Hamilton Lawn Service earned $1 000 for services rendered and collected cash from its customer.What is the effect on accounts?
A) Cash account increases;Accounts receivable increases.
B) Cash account increases;Owners' capital account increases.
C) Cash account increases;Supplies account decreases.
D) Cash account increases;Accounts payable increases.
Correct Answer:

Verified
Correct Answer:
Verified
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