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$40; increase in notes payable =$55; increase in long-term debt =$36; decrease in retained earnings =$120; decrease in common stock =$60. Multiple Choice $378 net
$40; increase in notes payable =$55; increase in long-term debt =$36; decrease in retained earnings =$120; decrease in common stock =$60. Multiple Choice $378 net addition to cash. $124 net deduction from cash. $378 net deduction from cash. $675 net addition to cash $124 net addition to cash Step by Step Solution
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