Amelia Consulting Services collected $12,000 cash for services to be provided in the future. Which of the following shows how recognizing the cash receipt will affect the company's balance sheet? 
Definitions:
Postsecondary Education
Education that occurs after the completion of secondary education, such as college, university, or vocational training.
Economically Disadvantaged
Economically disadvantaged refers to individuals or groups who have less economic resources and opportunities compared to the broader society, often facing challenges in accessing basic needs and services.
Affluent Home
A household characterized by wealth and high social status, with access to abundant resources and luxury.
Mass Schooling
The widespread establishment of compulsory education for children, often associated with industrialized societies.
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