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A company issues shares for 200 in cash, borrows a 5-year loan of 150, and purchases equipment with cash for 400. Which of the following

A company issues shares for 200 in cash, borrows a 5-year loan of 150, and purchases equipment with cash for 400. Which of the following is true?

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Cash decreases by 50; expenses increase by 400.

Common shares do not change; PP&E increases by 400.

Cash decreases by 50; PP&E increases by 400.

Common shares increase by 200; current liabilities increase by 150.

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