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Delta Company Experienced an Accounting Event That Affected Its Financial

Question 96

Multiple Choice

Delta Company experienced an accounting event that affected its financial statements as indicated below: Delta Company experienced an accounting event that affected its financial statements as indicated below: Which of the following accounting events could have caused these effects on Delta's statements? A) Paid a cash dividend. B) Incurred a cash expense. C) Borrowed money from a bank. D) Earned cash revenue. Which of the following accounting events could have caused these effects on Delta's statements?


A) Paid a cash dividend.
B) Incurred a cash expense.
C) Borrowed money from a bank.
D) Earned cash revenue.

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