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10. Zoro Company uses accrual accounting. During the current period, the company's assets and stockholders' equity increase by $10,000. Which item below is a possible
10. Zoro Company uses accrual accounting. During the current period, the company's assets and stockholders' equity increase by $10,000. Which item below is a possible explanation? A) Zoro Company purchased $10,000 of supplies on account. B) Zoro Company issued $10,000 of common stock. C) Both (A) and (B) are correct. D) Zoro Company received $10,000 cash for goods that will be provided during the next accounting period
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