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Abusiness renders services to a client and issues a sales invoice. the amount will be collected from the customer at a later time. which of the following is true at the time the invoice is issued?
a) net income will increase
b) total liabilities will increase
c) total assets will decrease
d) equity will decrease
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Answers: 3
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Abusiness renders services to a client and issues a sales invoice. the amount will be collected from...
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