Indicate how each event affects the financial statements. Use the following letters to record your answer in the box shown below. If an event increases one account and decreases another account equally within the same element, record I/D. If an event has no impact on the element, record NA. You do not need to enter dollar amounts.Increase = I Decrease = D Not Affected = NAOn January 1, Year 1, Flagler Corporation signed a contract with the City Bank for a line of credit that permitted Flagler to borrow up to $50,000.
Definitions:
Presentations
The act of showing and explaining the content of a topic to an audience or learner.
Gestures
Movements of the body, especially the hands and arms, that express ideas or feelings.
Persuasive Skills
The ability to convincingly present arguments or ideas in order to influence the thoughts or actions of others.
Virtualization
The creation of a virtual version of something, such as hardware, software, networks, or storage, rather than a physical one.
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