Accountancy, asked by zakimeher, 8 months ago

A customer is billed for services rendered. Which of the following is true?
A. an asset increase
B. an asset decrease
C. liability decrease
D. no effect on asset and liability.​

Answers

Answered by dipeshkumaryadav347
4

Answer:

no effect on asset and liability

Answered by viceryllebabyjoy
0

Answer:

A

Explanation:

The journal entry for this would include a debit to Accounts Receivable and a credit to Service Revenue account. Thus, there will be an increase and asset.

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