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On August 1, Year 1 Hernandez Company loaned $48,000 cash to Acosta Company. The one-yea will affect Hernandez's financial statements? Multiple Choice On August 1,

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On August 1, Year 1 Hernandez Company loaned $48,000 cash to Acosta Company. The one-yea will affect Hernandez's financial statements? Multiple Choice On August 1, Year 1 Hernandez Company loaned $48,000 cash to Acosta Company. The one-yea will affect Hernandez's financial statements? Multiple Choice

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