Multiple Select Question

Select all that apply

On April $1,$ Frost Industries provides $$30,000$ of services on account.$$ On April $20,$ Frost collects payment from the customer.$$ The financial statement effects of the sale on April $1$ include a$($n$)$:

Multiple select question.

decrease in assets

increase in liabilities

decrease in liabilities

decrease in stockholders' equity

increase in stockholders' equity

increase in assets