Providing services to customers for cash would have what effect on the accounting equation?
A) Total assets increase; total stockholders' equity increases.
B) Total assets increase; total liabilities decrease.
C) Total liabilities decrease; total stockholders' equity increases.
D) Total liabilities increase; total stockholders' equity decreases.
Answer: A
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.