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Part $1$

At the time the transaction$$ occurred, which of the following would result in an increase in net income under the accrual basis of$$ accounting, but would not result in an increase in net income under the cash basis of$$ accounting?

Question content area bottom

Part $1$

A$.$

performance of services on account

B$.$

receipt of cash for services that were performed earlier on account

C$.$

purchase of supplies for cash

D$.$

use of supplies purchased earlier