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Tandem Company Borrowed $32,000 of Cash from a Local Bank

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Tandem Company borrowed $32,000 of cash from a local bank.Which of the following choices accurately reflects how this event affects the company's financial statements?
Tandem Company borrowed $32,000 of cash from a local bank.Which of the following choices accurately reflects how this event affects the company's financial statements? Tandem Company borrowed $32,000 of cash from a local bank.Which of the following choices accurately reflects how this event affects the company's financial statements? Tandem Company borrowed $32,000 of cash from a local bank.Which of the following choices accurately reflects how this event affects the company's financial statements? Tandem Company borrowed $32,000 of cash from a local bank.Which of the following choices accurately reflects how this event affects the company's financial statements? Tandem Company borrowed $32,000 of cash from a local bank.Which of the following choices accurately reflects how this event affects the company's financial statements?

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