Issuing a notes payable for cash immediately results in a(n): Multiple Choice increase in...
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Accounting
Issuing a notes payable for cash immediately results in an: Multiple Choice increase in assets and an increase in liabilities. decrease in assets and an increase in liabilities. decrease in assets and a decrease in liabilities. increase in liabilities and a decrease in stockholders' equity. 
Issuing a notes payable for cash immediately results in an:
Multiple Choice
increase in assets and an increase in liabilities.
decrease in assets and an increase in liabilities.
decrease in assets and a decrease in liabilities.
increase in liabilities and a decrease in stockholders' equity.
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