Question: Multiple Cholce Question The business earns $ 2 , 8 0 0 cash for services performed. How would this transaction affect the total equity of

Multiple Cholce Question
The business earns $2,800 cash for services performed. How would this transaction affect the total equity of a business?
There is no effect on total equity.
Revenues would be decreased, so equity is increased.
Revenues would be decreased, so equity would be decreased.
Revenues would be increased, so equity is increased.
Multiple Cholce Question The business earns $2,800 cash for services performed.

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