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  3. 8. a transaction caused a $50,000 increase in both

8. A transaction caused a $50,000 increase in both total assets and total liabilities. This...

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Accounting

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8. A transaction caused a $50,000 increase in both total assets and total liabilities. This transaction could have been A. the purchase of a $50,000 parcel of land by issuing a note payable. B. issuing stock to investors for $50,000 cash. C. a loan from the bank of $50,000 was repaid. OD. the collection of a $50,000 account receivable

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