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ABC Company paid $ 1 0 , 0 0 0 for rent. In addition to a $ 1 0 , 0 0 0 decrease in
ABC Company paid $ for rent. In addition to a $ decrease in cash, how else is the expanded accounting equation impacted by this transaction?
Select one:
$ increase in another noncash asset
$ increase in common stock
$ increase in dividends
$ increase in expenses
$ decrease in liabilities
$ increase in revenues
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