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Tidy Service Company performed cleaning services during December 2019, but had not collected any cash from its customers as of December 31, 2019. What impact did performing these services have on the accounting equation

Sagot :

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Answer:

The service increased assets and increased stockholders' equity

Explanation:

Based on the information given the impact that

did performing these services have on the accounting equation will be THE SERVICE INCREASED ASSETS AND INCREASED STOCKHOLDERS' EQUITY reason been that

when Performing the services will help to generate revenue,

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