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11. The entry to record the issuance of a note for cash was recorded with a debit to Cash and a credit to Notes Receivable.

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11. The entry to record the issuance of a note for cash was recorded with a debit to Cash and a credit to Notes Receivable. The effect of recording this entry causes: A) assets to be understated. B) liabilities to be overstated C) stockholders' equity to be understated. D) stockholders' equity to be overstated

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