Comstock Company Provided Consulting Services and Billed the Client $2,500

question 140

Multiple Choice

Comstock Company provided consulting services and billed the client $2,500. As a result of this event

• A) assets remained unchanged.
• B) assets increased by $2,500.
• C) equity increased by $2,500
• D) Both assets and equity increased by $2,500.

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Definitions:

Lecturer Is Disorganized

Refers to a lecturer or teacher lacking systematic arrangement or method in their teaching approach, which can negatively affect learning efficiency and understanding.

Method Of Notetaking

Techniques or strategies used to record important information from lectures, books, or discussions to aid memory and learning.

Benefits

Advantages, gains, or improvements in well-being resulting from actions, decisions, or participation in certain activities.

Drawbacks

Disadvantages or negative aspects associated with a decision, action, or product.