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Illinois Company Experienced an Accounting Event That Affected Its Financial

Question 49

Multiple Choice

Illinois Company experienced an accounting event that affected its financial statements as indicated below: Illinois 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 the company's financial statements? A) paid a cash dividend B) earned cash revenue C) borrowed money from a bank D) none of these Which of the following accounting events could have caused these effects on the company's financial statements?


A) paid a cash dividend
B) earned cash revenue
C) borrowed money from a bank
D) none of these

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