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A company is formed by selling 100 shares at $10 per share. Inventory is then purchased on credit for $600. Half the inventory is then
A company is formed by selling 100 shares at $10 per share. Inventory is then purchased on credit for $600. Half the inventory is then sold on account for $500. What are the company's total assets based on these transactions? O a. $2,100 O b. $800 O c. $600 O d. $1,800 e. None of these amounts
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