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Alfiero inc.pays rent on a warehouse for the next months using cash. What is the effect of this transaction on the balance sheet? a. Total

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Alfiero inc.pays rent on a warehouse for the next months using cash. What is the effect of this transaction on the balance sheet? a. Total abilities will increase b. Total assets will increase Total assets will decrease d. Total assets will remain the same QUESTION 14 Tracie's Trike in prepares its statement of Cash Flows using the Indirect method. Which account does the company need to analyze in calculating net cash flows from financing activities? a Prepaid insurance inwentary Equipment d. Notes Payable pong term QUESTION 15 On March 1. Antra collected for a one way ticket by train from Buffalo's Exchange Street Station to Penn Station in NYC for a trip that will take place on May 5. The entry Amtrak wil record for the cash collected in chances Drevenue 558 C. Cash 566 Or Uncannede bCr Cash 158 36 560

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