Question: Question & (2) points) July 18, 2022, Doost Cansufting provided services to its custofint fotiling 325,000. On July 23, 2022, Boost collected $20000 from the

$Question \& (2) points) July 18, 2022, Doost Cansufting provided services$

Question \& (2) points) July 18, 2022, Doost Cansufting provided services to its custofint fotiling 325,000. On July 23, 2022, Boost collected $20000 from the customer. Which of the following is true? Boost Consulting wilf recognize $25.000 in fevenue on July 16,2022 Boost Consulting will recognize $25,000 in revenue on fuly 23,2022 Boost Consulting will recognize $20,000 in revenue on July 18, 2022 Boost Consulting will recolgnize $20,000 in feverve on July 23,2022 Question 5 (2 points) On July 18, 2022, Boost Consulting provided services to its customer totaling $25,000. On July 23, 2022, Boost collected $20,000 from the customer. Which of the following is true? Boost Consulting's total assets will decrease by $20,000 on July 23,2022 None of the other choices is correct Boost Consulting's total stockholders' equity will decrease by $20,000 on hily 23,2022 Boost Consulting's total assets will increase by $20,000 on July 23,2022

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