Which accounts are affected when the company provides services to a cash custome
ID: 2535128 • Letter: W
Question
Which accounts are affected when the company provides services to a cash customer A assets and capital B liabilities and capital C assets and revenue D none of the abov Which accounts are affected when the company provides services to a cash customer A assets and capital B liabilities and capital C assets and revenue D none of the abov Which accounts are affected when the company provides services to a cash customer A assets and capital B liabilities and capital C assets and revenue D none of the abov A assets and capital B liabilities and capital C assets and revenue D none of the abovExplanation / Answer
Answer:
C assets and revenue
Explanation to the answer:
In case of the company provides services to a cash customer then cash will come in the business so assets increse at the same time it is revenue from services so at the same time revue will also increases so we can say that when the company provides services to a cash customer then assets and revenue will affected