Sassycat, Inc. provided $32,000 worth of services for cash. Which of the following best describes the effect on the expanded accounting equation?
A) Total Assets and total Liabilities will increase.
B) Total Assets and total Revenue will increase.
C) Total Liabilities will increase and total Revenue will decrease.
D) Total Assets will decrease and total Liabilities will increase.
B) Total Assets and total Revenue will increase.
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