A Business Invoices a Customer $200 for Maintenance Services Supplied

Multiple Choice

A business invoices a customer $200 for maintenance services supplied on credit.The effect of this transaction on the accounting equation is:

A) an increase in the asset accounts receivable $200 and an increase in profit or loss by $200 to record the services income.
B) an increase in the asset cash $200 and an increase in profit or loss by $200 to record the services income.
C) an increase in the asset accounts receivable of $200 and a decrease in the asset cash $200 to record the amount paid.
D) a decrease in the asset accounts receivable $200 and an increase in profit or loss by $200 to record the services income.