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SRJ Corporation entered into the following transactions: • The accrual of interest expense on a six-month note payable.
• Collected cash for services to be provided within the next six months.
• The reclassification of short-term debt to long-term debt.
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Which of the transactions for SRJ Corporation resulted in a decrease in working capital?
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The specific, intended result or achievement envisioned at the end of a process, project, or period.
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