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

Question 97

Multiple Choice

STU Company borrowed $32,000 of cash from a local bank.Which of the following choices accurately reflects how this event would affect the company's financial statements? STU Company borrowed $32,000 of cash from a local bank.Which of the following choices accurately reflects how this event would affect the company's financial statements? A) Choice A B) Choice B C) Choice C D) Choice D


A) Choice A
B) Choice B
C) Choice C
D) Choice D

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