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QUESTION

owing changes describes the collection of $6,000 from customers who had changed on account for services performed during a previous accounting period?...

which of the following changes describes the collection of $6,000 from customers who had changed on account for services performed during a previous accounting period?

a. assets and owners equity increase by $6000

b. assets and owners equity decrease by $6000

c. assets and liabilities increase by $6000

d. assets and liabilities decrease by $6000

e. no changes

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