Question: code class = asciimath > Morrison Company experienced a business event that had the following effect on its accounting equation. The letters NA indicate that

code class="asciimath">Morrison Company experienced a business event that had the following effect on its accounting equation. The letters NA indicate that the component of the equation is not affected. Assets=Liabilities+Common Stock+Retained Earnings(25,000)(25,000) NA NA Which of the events would have caused this effect?

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