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Consider the following transaction: ABC Company borrows $ 1 5 0 , 0 0 0 from App State bank, signing a promissory note. In addition

Consider the following transaction:
ABC Company borrows $150,000 from App State bank, signing a promissory note.
In addition to an increase in the asset cash, how else is the expanded accounting equation
impacted by this transaction?
increase in another non-cash asset
increase in liabilities
increase in common stock
increase in revenues
increase in expenses
increase in dividends
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