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Hageman recorded accrued interest expense on a note payable. What is the effect of this transaction on the following sections on the financial statements? Net

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Hageman recorded accrued interest expense on a note payable. What is the effect of this transaction on the following sections on the financial statements? Net Income Retained Total Stock- Total Assets Total Liabilities Earnings holders' Equity O Decrease No Change Decrease Increase No Change Decrease Increase Increase Decrease O No Change O Decrease O Increase Decrease Decrease No Change Increase Increase Decrease Decrease No Change

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