a Incurred a cash expense b Paid a cash dividend c Borrowed

a. Incurred a cash expense.

b. Paid a cash dividend.

c. Borrowed money from a bank

d. Earned cash revenue

Saved Help Save & Delta Company experienced an accounting event that affected its financial statements as indicated below: Cash Liab. NA Equity Rev Assets NAExp Net Inc. -OA Which of the following accounting events could have caused these effects on Delta\'s statements? 39:20

Solution

This is the affect of cash expense because in cash flow section negative operating activities which define cash expense because cash revenue gives positive operating activities and cash dividend and borrow money is financing activities.

So answer is a) Incurred a cash expense