Question: Gena's Cleaning Services performs services for its customers during March. Payments for the March services are received in June. How does the transaction for the

Gena's Cleaning Services performs services for its customers during March. Payments for the March services are received in June. How does the transaction for the collection of cash from customers affect the accounting equation of Gena's Cleaning Services?

		liabilities increase and assets increase
		assets increase and equity decreases
		total assets remain the same
		assets increase and revenues increase

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