Question: ACCT 2 5 1 - 3 0 0 5 / Providing services to customers for cash would have what effect on the accounting equation? Total
ACCT Providing services to customers for cash would have what effect on the accounting equation?
Total assets increase; total stockholders' equity increases.
Total liabilities decrease; total stockholders' equity increases.
Total assets increase; total liabilities decrease.
Total liabilities increase; total stockholders' equity decreases.
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