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QUESTION 7 Select ALL of the answers which correctly reflect the impact of the following transaction: Verizon purchased $80,000 of phone parts on credit. a.

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QUESTION 7 Select ALL of the answers which correctly reflect the impact of the following transaction: Verizon purchased $80,000 of phone parts on credit. a. Assets Increased b. Liabilities increased c. Owners Equity Unchanged d. Revenue Unchanged

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