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15. During a game of Monopoly Player #1 purchased 2 houses on St. Charles Place for $200 (i.e., $100 per house). Player #1 later sold

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15. During a game of Monopoly Player #1 purchased 2 houses on St. Charles Place for $200 (i.e., $100 per house). Player #1 later sold both houses back to the bank for a total of $100. What is the correct accounting to record the sale of the houses? a. Debit cash for $100, debit loss on sale for $100, and credit houses for $200. b. Debit cash for $100 and credit houses for $100. c. Debit cash for $200, credit land for $100 and credit gain on sale for $100. d. Debit houses for $100, debit loss on sale for $100, and credit cash for $200

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