Mathematics, 25.11.2020 14:00 noglapotato

Robitaille Company received a cash advance of $500 from a customer. As a result of this event,
a. assets increased by $500.
b. equity increased by $500.
C. liabilities decreased by $500.
d. revenues increased by $500.

Answers: 3

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Robitaille Company received a cash advance of $500 from a customer. As a result of this event,

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More questions: Mathematics Another questions

Robitaille Company received a cash advance of $500 from a customer. As a result of this event, a. assets increased by $500. b. equity increased by $500. C. liabilities decreased by $500. d. revenues increased by $500.

Answers

Another question on Mathematics

Robitaille Company received a cash advance of $500 from a customer. As a result of this event,
a. assets increased by $500.
b. equity increased by $500.
C. liabilities decreased by $500.
d. revenues increased by $500.