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The Redding Company recorded salaries incurred but not yet paid. Which of the following represents the effect of this transaction on Redding Company's financial statements?

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The Redding Company recorded salaries incurred but not yet paid. Which of the following represents the effect of this transaction on Redding Company's financial statements? Assets = Liab. Equity Rev. - Exp. - + NA NA + A B c D + + NA + + - = NA = + + - + NA NA NA Net Cash Inc. Flow OA OA NA NA NA + = Select one: O a. Net Cash Assets = Liab. + Equity Rev.-Exp. = Inc. Flow + = + + NA + - NA = + -OA amb Flop a car O b. Net Cash Assets = Liab. + Equity Rev. - Exp. = Inc. Flow NA = + + - NA + = -OA O c. Net Cash Assets = Liab. + Equity Rev.-Exp. = Inc. Flow = NA NA NA haptices focused som samples of the and legal services revenue by selling O d. Net Cash Assets = Liab. + Equity Rev. - Exp. = Inc. Flow NA = + + NA + = NA Question 29

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