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Business, 25.01.2021 04:30 Madi2277

14. If a company issues common stock for $40,000 and uses $30,000 of the cash to purchase a truck,
a. assets will be increased by $10,000.
b. equity will be reduced by $40,000.
assets will be increased by $40,000.
d. assets will be unchanged.

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14. If a company issues common stock for $40,000 and uses $30,000 of the cash to purchase a truck,<...
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