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Business, 13.08.2021 22:50 danielajimenezowfsvp

Sally Smith decided to start a sea shell business organized as a corporation. Her initial investment in the business consisted of $10,000 in cash in exchange for common stock. Record this transaction in the accounting equation of the new business by: Multiple choice question. increasing Cash; increasing Expenses. decreasing Cash; increasing Common Stock. increasing Cash; increasing Common Stock increasing Accounts Payable; increasing Revenues.

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Sally Smith decided to start a sea shell business organized as a corporation. Her initial investment...
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