If ABC Service collects $50,000 from customers on account A) total assets are unchanged b) liabilities increases c) owners equity decreases d) onwers...

If ABC Service collects $50,000 from customers on accountA) total assets are unchangedb) liabilities increasesc) owners equity decreasesd) onwers equity increases

Question:If ABC Service collects $50,000 from customers on accountA) total assets are unchangedb) liabilities increasesc) owners equity decreasesd) owner’s equity increasesSolution:...