Ash Company experienced a business event that affected its financial statements as indicated below.   Assets = Liabilities + Stockholders’ Equity Revenue − Expense = Net Income Statement of Cash Flow                     +OA   Which of the following events could have caused these effects on the company’s financial statements?   Multiple Choice   Collecting cash from customers as payment of accounts receivable   Paid cash to purchase land   Earning cash for providing services to customers   Purchased supplies on account

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