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Question 7 1 pts ABC Company experienced an accounting event that is shown in the following T-accounts: Cash 2,400 Unearned Revenue 2,400 Which of the
Question 7 1 pts ABC Company experienced an accounting event that is shown in the following T-accounts: Cash 2,400 Unearned Revenue 2,400 Which of the following reflects how this event affects the company's financial statements? Assets = Liab. +Equity Rev.- Exp.= Net Inc. Cash Flows NA NA NA + + + Assets = Liab. +Equity Rev.- Exp.= Net Inc.Cash Flows NA NA NA NA + OA + O Assets = Liab.+ Equity Rev.- Exp.= Net Inc. Cash Flows NA NA NA + + + + O Assets = Liab. + Equity Rev.- Exp.= Net Inc. Cash Flows NA NA NA NA + FA 191 MA 1994 +
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