Question: Work is done by a plumber for a client, and invoice is issued and payment will be made at the end of the month. The

Work is done by a plumber for a client, and invoice is issued and payment will be made at the end of the month. The effect of this transaction on the accounting equation of the plumber, before payment is received is: increase the asset cash; increase income increase the asset accounts receivable; increase income increase the asset cash; increase the liability accounts payable increase the asset cash; increase the asset accounts receivable

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