Comstock Company Provided Consulting Services and Billed the Client $2500

question 144

Multiple Choice

Comstock Company provided consulting services and billed the client $2500.As a result of this event

• A)assets remained unchanged.
• B)assets increased by $2500 but equity was unchanged.
• C)equity increased by $2500 but assets were unchanged.
• D)both assets and equity increased by $2500.

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