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    Financial Accounting Study Set 22
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    Exam 2: Transaction Analysis
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    When a Company Borrows Cash from the Bank
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When a Company Borrows Cash from the Bank

Question 101

Question 101

Multiple Choice

When a company borrows cash from the bank:


A) total assets remain the same.
B) liabilities are increased.
C) retained earnings is decreased.
D) total liabilities remain the same.

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