Business, 10.03.2020 03:02 joelxl101

Assume that the seller owes $80,000 on a loan for the land. After receiving the $298,000 cash in (a), the seller pays the $80,000 owed. What is the effect of the payment on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity

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Assume that the seller owes $80,000 on a loan for the land. After receiving the $298,000 cash in (a)...

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