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  3. a vacnt lot acquired for $115,000 is sold for $298

a vacnt lot acquired for $115,000 is sold for $298,000 in cash. which is the...

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Accounting

a vacnt lot acquired for $115,000 is sold for $298,000 in cash. which is the effect of the sale on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity? if there no change, select 'no change" from the dropdown and then enter a "0" in the amount box

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