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Forest Beach Company experienced an event that had the following effects on its financial statements. Assets Liab. +Equity Rev.-Exp.. Net Inc. Cash Flows NA NA

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Forest Beach Company experienced an event that had the following effects on its financial statements. Assets Liab. +Equity Rev.-Exp.. Net Inc. Cash Flows NA NA NANA Which of the following events could have caused these effects? Paid cash to settle accrued interest payable Paid cash to settle the principal balance of note payable Paid cash for interest expense Paid cash to acquire a long-term asset References

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