Accounts receivable asset increases

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Reference no: EM13864845

If Houston Company billed a client for $18,000 of consulting work completed, the accounts receivable asset increases by $18,000 and:

Choices:

Revenue decreases $18,000.

Accounts payable increases $18,000.

Revenue increases $18,000.

Accounts payable decreases $18,000.

Cash increases $18,000.

Reference no: EM13864845

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