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Hamilton Lawn Service Earned $1 000 for Services Rendered

Question 89

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Hamilton Lawn Service earned $1 000 for services rendered.The customer promised to pay at a later time.What is the effect on accounts?


A) Cash account increases;Accounts receivable decreases.
B) Accounts receivable increases;Owners' capital increases.
C) Cash and Accounts receivable both increase.
D) Accounts receivable decreases;Owners' capital increases.

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