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Orlando Company paid $100 cash to purchase production supplies. How does this transaction affect the financial statements Orlando Company paid $100 cash to purchase production

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Orlando Company paid $100 cash to purchase production supplies. How does this transaction affect the financial statements

Orlando Company paid $100 cash to purchase production supplies. How does this transaction affect the financial statements? Assets + Prod. 100) 100 100 Liab. + 100 Rev. 100 Net Inc. Cash O O O O NA 100 100 NA 100 (100)

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