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The following statement(s) describe an adjusting journal entry. a.It affects cash but not the income statement b.It affects the income statement and balance sheet, but
The following statement(s) describe an adjusting journal entry.
a.It affects cash but not the income statement
b.It affects the income statement and balance sheet, but not cash
c.It affects cash and the income statement
d.It affects the statement of cash flows
e.It affects cash and the balance sheet
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