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6. Thompson, Inc. issued $3,500 of equity stock, receiving cash from investors. What are the effects on the accounting equation? A. Increase in Assets $3,500,

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6. Thompson, Inc. issued $3,500 of equity stock, receiving cash from investors. What are the effects on the accounting equation? A. Increase in Assets $3,500, Increase in Liabilities $3,500 B. Increase in Liabilities $3,500, Increase in Equity $3,500 O c. Decrease in Assets $3,500, Increase in Equity $3,500 OD. Increase in Assets $3,500, increase in Equity $3.500

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