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Balance Sheet Equation -Refer to the Balance Sheet Equation

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Balance Sheet Equation
 Cash + Non-Cash = Liabilities + Contributed + Accumulated Other + Retained  Assets  Capital  Comprehensive  Earnings  Income \begin{array}{ccc}\text { Cash }+\text { Non-Cash }=\text { Liabilities } & +\text { Contributed } & +\text { Accumulated Other }+&\text { Retained } \\\text { Assets } & \text { Capital } & \text { Comprehensive }&\text { Earnings } \\& & \text { Income }\end{array}

-Refer to the Balance Sheet Equation.To recognize the cost of goods sold ORP Corporation will reduce retained earnings and reduce ______________________________.

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non-cash a...

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