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Addison Company experienced an accounting event that affected its financial statements as indicated below: Assets = Liab. + Equity Rev. ? Exp. = Net Inc.
Addison Company experienced an accounting event that affected its financial statements as indicated below:
Assets | = | Liab. | + | Equity | Rev. | ? | Exp. | = | Net Inc. | Cash Flow |
+ | NA | + | + | NA | + | NA | ||||
Which of the following accounting events could have caused these effects on Addison's statements?
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