Question: Services rendered for which cash has not yet been received will have what effect on the components of the accounting equation? A ) Increase in

Services rendered for which cash has not yet been received will have what effect on the
components of the accounting equation?
A) Increase in accounts receivable and a decrease in equity
B) Increase in accounts receivable and an increase in equity
C) Decrease in accounts receivable and an increase in equity
D) Increase in fees earned and a decrease in equity
E) Decrease in accounts receivable and a decrease in equity

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