Outdoor Adventures Travel recorded revenues of $3,000 earned on account by providing travel service for clients. 1.
Question:
1. How much are the business's cash and total assets, assuming this is the only transaction?
2. Name the business asset that was increased as a result of this transaction.
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Related Book For
Horngrens Accounting
ISBN: 978-0133855371
10th Canadian edition Volume 1
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann L. Johnston, Peter R. Norwood
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