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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…

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…
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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.

User Jim Vercoelen
by
8.2k points

1 Answer

2 votes

Answer:

d.revenies increased by 500

User Artyom Tsoy
by
7.9k points
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