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  3. 7 1 performing services on account will have the f

7 1 Performing services on account will have the following effects on the components of...

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Accounting

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7 1 Performing services on account will have the following effects on the components of the basic accounting equation: increase assets and increase owner's equity..a Increase assets and increase liabilities..b increase assets and decrease owner's equity.co increase liabilities and increase owner's equity..do 8 A business owner's personal expenses must be separated from expenses of the business to comply with accounting's economic entity assumption

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