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Indicate How Each Event Affects the Elements of Financial Statements

Question 91

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Indicate how each event affects the elements of financial statements.Use the following letters to record your answer in the box shown below each element.Use only one letter for each element.You do not need to enter amounts.
Indicate how each event affects the elements of financial statements.Use the following letters to record your answer in the box shown below each element.Use only one letter for each element.You do not need to enter amounts. -On January 1,2016,Morris Co.issued $100,000 of bonds at the face value.Indicate the effects of issuing these bonds.
-On January 1,2016,Morris Co.issued $100,000 of bonds at the face value.Indicate the effects of issuing these bonds.
Indicate how each event affects the elements of financial statements.Use the following letters to record your answer in the box shown below each element.Use only one letter for each element.You do not need to enter amounts. -On January 1,2016,Morris Co.issued $100,000 of bonds at the face value.Indicate the effects of issuing these bonds.

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