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Which one of the following statements indicates the effect of a 'Receipt of a loan' on Revenue and Asset? Question 8 Answer a. Revenue: decrease

Which one of the following statements indicates the effect of a 'Receipt of a loan' on Revenue and Asset? Question 8 Answer a. Revenue: decrease - Asset: increase b. Revenue: increase - Asset: no change c. Revenue: no change - Asset: increase d. Revenue: increase - Asset: decrease

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