Question: ABC Company collected $ 1 0 , 0 0 0 from a customer for service to be performed later. A . it decreases total assets
ABC Company collected $ from a customer for service to be performed later.
A
it decreases total assets but not stockholders equity
B
it increases total assets and stockholders equity
C
it decreases total assets and stockholders equity
D
it increases total assets but not stockholders equity
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