Question: On August 2 5 , Morrison Cleaning Solutions received $ 5 0 0 from a customer for services to be provided in the future. Morrison

On August 25, Morrison Cleaning Solutions received $500 from a customer for services to be provided in the future. Morrison performs the cleaning services on
September 10. The financial statement effects for Morrison on August 25 include a(n)
decrease in assets and increase in liabilities
decrease in assets and decrease in liabilities
increase in assets and decrease in liabilities
increase in assets and increase in liabilities
On August 25, Morrison Cleaning Solutions received $500 from a customer

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