Mize Company Provided $45,500 of Services on Account,and Collected $38,000

question 3

Multiple Choice

Mize Company provided $45,500 of services on account,and collected $38,000 from customers during the year.The company also incurred $37,000 of expenses on account,and paid $32,400 against its payables.As a result of these events,

• A)total assets would increase
• B)total liabilities would increase
• C)total equity would increase
• D)all of these answer choices are correct

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