Establishing a note receivable by loaning cash to another company will have which of the...
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Accounting
Establishing a note receivable by loaning cash to another company will have which of the following net effects on the accounting equation? Multiple Choice Increase assets; No effect on liabilities; Increase stockholders' equity Increase assets, No effect on liabilities; No effect on stockholders' equity No effect on assets, No effect on liabilities; Decrease stockholders' equity No effect on assets, No effect on liabilities, No effect on stockholders' equity
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