Question: Wade Services performed electrical services for Miller Dept. Store on account for $ 8 8 5 . How would this transaction affect Miller Dept. Store's

Wade Services performed electrical services for Miller Dept. Store on account for $885. How would this transaction affect Miller Dept. Store's accounting equation?
Question 21 options:
increase liabilities and decrease equity by $885.
decrease assets and equity by $885
increase liabilities and equity by $885
increase assets and decrease liabilities by $885.

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