Question: Why a.b.e are the answer? Please explain,thank you very much. Taylor Co. bills a client $48,000 for services provided and agrees to accept the following

Why a.b.e are the answer?
Please explain,thank you very much.
 Why a.b.e are the answer? Please explain,thank you very much. Taylor

Taylor Co. bills a client $48,000 for services provided and agrees to accept the following three items in full Exercise 2-5 payment: (1) $7,500 cash, (2) computer equipment worth $75,000, and (3) to assume responsibility for a Analyzing effects of $34,500 note payable related to the computer equipment. The entry Taylor makes to record this transaction transactions on accoun includes which one or more of the following? a. $34,500 increase in a liability account d $48,000 increase in an asset account b. $7,500 increase in the Cash account c.$7,500 increase in a revenue Al a be e. $48,000 increase in a revenue account account . $34,500increase in an equity account

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