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    Exam 1: An Introduction to Accounting
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    Richardson Company Paid $850 Cash for Rent Expense
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Richardson Company Paid $850 Cash for Rent Expense

Question 47

Question 47

Multiple Choice

Richardson Company paid $850 cash for rent expense. As a result of this business event,


A) Total assets decreased.
B) Liabilities decreased.
C) The net cash flow from operating activities decreased.
D) Both A and C are correct.

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