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    Survey of Accounting Study Set 2
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    Exam 2: Basic Accounting Concepts
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    For EFG Co
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For EFG Co

Question 13

Question 13

Multiple Choice

For EFG Co. ,the transaction "Billed a customer for fees earned" would


A) increase total assets.
B) decrease total assets.
C) have no effect on total assets.
D) increase total liabilities.

Correct Answer:

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