Question: Question 3 ( 1 point ) The following is a correct journal entry: Cash q , 1 4 , 4 0 0 Consulting Revenue. 1
Question point
The following is a correct journal entry:
Cash
Consulting Revenue.
What is this journal entry recording?
a An increase in an asset and a decrease in owners' equity.
b An increase in owners' equity and a decrease in assets.
c An increase in an asset and an increase in owners' equity
dhs
An increase in an asset and an increase in a liability
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