Question: On August 1 5 th , Hettinger Incorporated received $ 2 0 , 0 0 0 in cash from Hauck Company for services that Hettinger

On August 15th, Hettinger Incorporated received $20,000 in cash from Hauck Company for services that Hettinger Incorporated performed on the same day. What is the effect on the expanded accounting equation?
On August 15th, Hettinger Incorporated received $20,000 in cash from Hauck Company for services that Hettinger Incorporated performed on the same day. What is the effect on the expanded accounting equation?
Increase Cash $20,000; Increase Revenue $20,000
Increase Cash $20,000; Decrease Revenue $20,000
Decrease Cash $20,000; Increase Revenue $20,000
Decrease Cash $20,000; Decrease Revenue $20,000

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