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Applegate Company experienced an accounting event that affected its financial statements as indicated below: Which of the following accounting events could have caused these effects

Applegate Company experienced an accounting event that affected its financial statements as indicated below: image text in transcribed Which of the following accounting events could have caused these effects on Knight's statements?

Question 3 options:

1) paid interest and principal on loan
2) borrowed funds through a line of credit
3) paid interest on bonds
4) repaid principal on bonds at maturity

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