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How does the rendering of services on account affect the
accounting equation? a. Liabilities increase; stockholder’s
equity decreasesb. Assets increase; liabilities increase c.
Assets decrease; stockholder’s equity increases d. Assets
increase; stockholder’s equity increases

Question Posted / misssweet_82


How does the rendering of services on account affect the accounting equation? a. Liabilities incre..

Answer / vip

Liabilities increase

Is This Answer Correct ?    3 Yes 2 No

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