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    Financial Accounting Study Set 11
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    Exam 2: Transaction Analysis
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    When Services Are Performed on Account
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When Services Are Performed on Account

Question 176

Question 176

Multiple Choice

When services are performed on account:


A) cash is increased.
B) revenue will not be recorded until the cash is received from the customer.
C) accounts receivable is increased.
D) accounts payable is increased.

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