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ABC Company Experienced an Accounting Event That Affected Its Financial

Question 29

Multiple Choice

ABC Company experienced an accounting event that affected its financial statements as indicated below: ABC 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 ABC's financial statements? A)  earned revenue on account B)  purchased equipment on account C)  provided services to customers for cash D)  recognized accrued salaries owed to employees Which of the following accounting events could have caused these effects on ABC's financial statements?


A) earned revenue on account
B) purchased equipment on account
C) provided services to customers for cash
D) recognized accrued salaries owed to employees

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