lesson 2 quiz - Question 1 of 20 5.0 5.0 Points When...

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Question 1 of 205.0/ 5.0 PointsWhen services are rendered but payment is not made, which account would be increased? A. accounts receivableB. accounts payableC. cashD. withdrawal
Question 2 of 205.0/ 5.0 PointsAn expense should be recorded when __________.
Question 3 of 205.0/ 5.0 PointsIf beginning capital was $110,000, ending capital is $95,000, and the owner's withdrawals were $10,000, the amount of net income or net loss was __________.
Question 4 of 205.0/ 5.0 PointsCarrie billed her legal clients $6,000 for legal work completed during the month. This transaction will __________.

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