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34. On April 30, 2015, Victoria Secreto sold 1,000 shares of her Limited, Inc.'s common stock to Claire Jewels for $8,000. The stock cost Victoria
34. On April 30, 2015, Victoria Secreto sold 1,000 shares of her Limited, Inc.'s common stock to Claire Jewels for $8,000. The stock cost Victoria $5,000. Limited, Inc.'s accounting equation: is not affected because the corporation is separate from its owners. O is not affected because of the cost principle O will show an increase in total assets and total stockholders' equity O will show a decrease in total assets and total stockholders' equity
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