A Company Performed Testing Services for a Client $$\begin{array} { | c | c | c | } \hline \text { Assets } = & \text { Liabilities } + & \text { Equity } \\\hline & & \\\hline\end{array}$$

question 34

Essay

A company performed testing services for a client. The client paid the company $3,000 in cash. Enter the appropriate amounts that reflect this transaction into the company's accounting equation format shown below.
$$\begin{array} { | c | c | c | } \hline \text { Assets } = & \text { Liabilities } + & \text { Equity } \\\hline & & \\\hline\end{array}$$

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Definitions:

Industrial Unions

Labor unions that represent all workers, skilled and unskilled, within a particular industry.

Professional Workers

Employed individuals possessing specialized skills, qualifications, and knowledge, typically in fields requiring advanced education.

White-collar Workers

Employees who perform professional, clerical, managerial, or administrative work, typically in an office setting.

National Unions

Labor organizations that represent workers from across the country in various industries to negotiate wages, benefits, and working conditions.