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On November 1, Year 1 Cove Company borrowed $7,000 cash to from Shelter Company. The one-year note carried a 7% rate of Interest Which of

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On November 1, Year 1 Cove Company borrowed $7,000 cash to from Shelter Company. The one-year note carried a 7% rate of Interest Which of the following shows how the loan will affect Cove's financial statements on November 1, Year 1

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