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A food production company issues $50,000 of common stock to investors in exchange for money. how does it effect the following(deacrease/increase/does not affect): total assets:
A food production company issues $50,000 of common stock to investors in exchange for money. how does it effect the following(deacrease/increase/does not affect):
total assets:
stockholders equity:
retained earnings:
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Financial Accounting Tools For Business Decision-Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Canadian Edition
0470833378, 978-0470833377
