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Which of the following would increase assets and increase liabilities?A. Provide services to customers on account.B. Purchase office supplies on account.C. Pay dividends to stockholdersD. Receive a utility
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Which of the following would increase assets and increase liabilities?A. Provide services to customers on account.B. Purchase office supplies on account.C. Pay dividends to stockholdersD. Receive a utility bill but do not pay it immediately

User ShivRaj
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Answer:

B. Purchase office supplies on account

Step-by-step explanation:

an office is considered as land which serves as an asset and as such it will increase assets but making the purchase on account will increase the liabilities as well.

User Revan
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