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22) A corporation issues common shares in exchange for equipment with a current market value of $15,000. This transaction would: A) increase retained earnings by
22) A corporation issues common shares in exchange for equipment with a current market value of $15,000. This transaction would: A) increase retained earnings by $15,000. B) increase common shares by $15,000. C) decrease total shareholders' equity by $15,000. D) increase liabilities by $15,000
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Internal Control Anti Fraud Program Design For The Small Business
Authors: Steve Dawson
1st Edition
1119065070, 978-1119065074
