Question: (Learning Outcome 3) Wade Services performed electrical services for Miller Dept. Store on account for $885. How would this transaction affect Miller Dept. Store's accounting

 (Learning Outcome 3) Wade Services performed electrical services for Miller Dept.

(Learning Outcome 3) Wade Services performed electrical services for Miller Dept. Store on account for $885. How would this transaction affect Miller Dept. Store's accounting equation? increase liabilities and decrease equity by $885. decrease assets and equity by $885 increase liabilities and equity by $885 increase assets and decrease liabilities by $885

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