Question: please solve this Question Question 23 / 23 XYZ Company performed services on account for $160,000. This transaction will 1. O increase assets and equity

please solve this Question
Question 23 / 23 XYZ Company performed services on account for $160,000. This transaction will 1. O increase assets and equity by $160.000 2. increase assets and liabilities by S160,000. 3increase liabilities and equity by $160,000 4. have no effect on the accounting equation
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