Question: QUESTION 9 Record the transaction below. Shareholders' Equity Assets Liabilities The following events took place in the first month of business. Adjusted for the interest

 QUESTION 9 Record the transaction below. Shareholders' Equity Assets Liabilities The

QUESTION 9 Record the transaction below. Shareholders' Equity Assets Liabilities The following events took place in the first month of business. Adjusted for the interest owed on the bank loan TO RECEIVE CREDIT FOR THE QUESTION, AN ANSWER MUST BE SELECTED FOR EACH EVEN IF THERE IS NO EFFECT IF THERE IS NO Common StockRetained Earnings EFFECT, SELECT "O NO EFFECT." A 40 Cash B.(40) Note Payable (40) Interest Expense (40) Interest Payable E. O No Effect F40 Interest Payable Assets - Liabilities Common Stock Retained Earnings

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