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Question 1 Assume that the company received $50,000 from a bank as a loan (cash from creditors). Which of the following choices accurately reflects

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Question 1 Assume that the company received $50,000 from a bank as a loan (cash from creditors). Which of the following choices accurately reflects how this event would affect the company's financial statements? Balance Sheet Assets Cash Commen tamnings 50,000 $ 50,000 . 50.000 50.000 . 50.000 10,000 . " ' 10.000 54,000+ O Selection A O Selection D O Selection C O Selection D 0.9 pts Statement of Cash Flows $10,000 OA 80000 90,000 50.010 FA FA

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