Performing services on account will have the following effects on the components of the basic accounting equation?
- Increase liabilities and increase owners equity
- Increase assets and decrease owners equity
- Increase assets and increase owners equity
- Increase assets and increase liabilities
Kunci jawabannya adalah: C. Increase assets and increase owners equity.
Dilansir dari Encyclopedia Britannica, performing services on account will have the following effects on the components of the basic accounting equation increase assets and increase owners equity.