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Violet, Inc. incurred and paid expenses of $27.000. Which of the following correctly indicates the effects this event had on the company's financial statements? Assets

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Violet, Inc. incurred and paid expenses of $27.000. Which of the following correctly indicates the effects this event had on the company's financial statements? Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D N N N N D Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D N D D N D D Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D N D N D D Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow D D N HE

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