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Indicate How Each Event Affects the Elements of Financial Statements

Question 77

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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.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.You do not need to enter amounts. -Perez Co.paid $220,000 cash in salaries to its employees.
-Perez Co.paid $220,000 cash in salaries to its employees.
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.You do not need to enter amounts. -Perez Co.paid $220,000 cash in salaries to its employees.

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