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8. June 21: Bussey's Home Furnishings received $8,000 for an issue of 80 shares of 10%, $100 par value preferred stock. By addition and subtraction,

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8. June 21: Bussey's Home Furnishings received $8,000 for an issue of 80 shares of 10%, $100 par value preferred stock. By addition and subtraction, show the effects of the transaction on Bussey's Home Furnishings' resources and sources of resources. Remember, the company's accounting system used only those accounts included in its chart of accounts shown in question 1. Sources of Sources of Sources of Owner Management Borrowed Invested Generated Resources Resources Resources Resources Assets Liabilities Stockholders' Equity A) + $8,000 + $8,000 B) + $8,000 + $8,000 C) + $8,000 & - $8,000 D) + $8,000 + $8,000 E) + $8,000 + $8,000

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