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Which of the following transactions violates the balance sheet equation? (check all that apply) Reduce cash and reduce a liability Increase revenues and reduce a
Which of the following transactions violates the balance sheet equation? (check all that apply)
Reduce cash and reduce a liability
Increase revenues and reduce a liability
Increase cash and reduce inventory (a non-cash asset)
Increase cash and increase an expense
Increase cash and reduce a liability
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