Question: This month, a company performed $ 5 1 7 , 0 0 0 of services and incurred total expenses of $ 4 3 8 ,
This month, a company performed $ of services and incurred total expenses of $ If the company was paid in cash for all its services and paid cash for all its expenses, these transactions would cause:
A revenues to increase $ expenses to increase $ and cash to increase $
B revenues to increase $ expenses to increase $ and cash to increase $
C cash increase $ expenses to increase $ and retained earnings to increase $
D revenues to increase $ expenses to increase $ and retained earnings to decrease $
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