On November 1, Porter Consulting provides service and bills its client $45,000. On November 15, Porter Consulting receives full payment of $45,000 from the client. The journal entry to record the November 15 transaction will have the following effect on Porter Consulting's financial statements: Question 3 options: 

Total Assets would decrease by $45,000. 

Total Revenues would increase by $45,000. 

Total Assets would increase by $45,000. 

Total Assets would not change

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