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On March 1, 2014, Cross Corporation borrowed $10,000 by issuing a note payable. How did this transaction affect Cross's financial statements? 1-1 Net Inc. |

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On March 1, 2014, Cross Corporation borrowed $10,000 by issuing a note payable. How did this transaction affect Cross's financial statements? 1-1 Net Inc. | Cash Flow | + Tsik--TRev.T-TExp. AssetsLiabilities Equity Ret | Note | + | Int 10,000t.tPa.0000t+tPA(+tEarn. Cash -t0.000 NA-t. tNAt- N 1 NA | | NA A OA 10,000 FA =INA NA INAI-INA - C)10.00010.000+NA (10.000) NA 10.0000,000) 10.000 OA D) None of the above Multiple Choice Choice A Choice B

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