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Indicate how each event affects the elements of financial statements. Use the following letters to record vour answer in the box shown below each element.
Indicate how each event affects the elements of financial statements. Use the following letters to record vour answer in the box shown below each element. You do not need to enter dollar amounts. (Note that "Not Affected" means that the event does not affect that element of the financial statements or the event causes an increase in that element that is offset by a decrease in the same element.)
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