Pus

GRW

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Multiple Select Question

Select all that apply

The entry to record the issuance of a note for cash was recorded with a debit to Cash and a credit to Notes Receivable instead of Notes Payable. The effect of recording this entry causes $($Select all that apply$)$

liabilities to be overstated

assets to be overstated

assets to be understated

stockholders equity to be understated

Trabilities to be understated

stockholders equity to be overstated

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