Remaining Time: 32 minutes, 11 seconds, Question Completion Status: Dust Moving to another question will save this response 5555 Question 16 N D Ferris, Inc. borrowed 535,000 cash from the bank on July 1 Year. The money to be repaid on june 2c 20 im TO On December related to this loan. Which of the following correctly indicates the effects of the December 31, Year 1 adjustment had on the company's financials Assets Llabilities Equity Revenue Expense Net Inc. Cash Flow N N D Assets Liabilities Equity Revenue Expense Net in Cash Flow N Assets Liabilities Equity Revenue Expense Net Inc. Cash Flow N N Assets abilities Equity Revenue Expense Neting Cash Flow D D N Moving to another question will save this response 7 5 4 3 U R E K. W 3 Q H G tab D S M N B 96