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Eugenia Corporation accrues the interest expense on a short - term note payable at the end of its fiscal year. Due to this transaction A
Eugenia Corporation accrues the interest expense on a shortterm note payable at the end of its fiscal year. Due to this transaction
A
current liabilities will increase and current assets will increase.
B
current liabilities will decrease and stockholders' equity will decrease.
C
current liabilities will increase and stockholders' equity will decrease.
D
current liabilities will increase and stockholders' equity will increase.
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