What happens to the accounting equation when a company issues common stock for cash? ...
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Accounting
What happens to the accounting equation when a company issues common stock for cash? Assets increase; Owners equity decreases Assets increase; Liabilities increase Assets increase; Owners equity increases No effect
What happens to the accounting equation when a company issues common stock for cash?
Assets increase; Owners equity decreases
Assets increase; Liabilities increase
Assets increase; Owners equity increases
No effect
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You can see the logs in the Dashboard.