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Anderson Company purchased equipment for $1,800 cash. As a result of this event, a) stockholders' equity decreased by $1,800. b) total assets increased by $1,800.
Anderson Company purchased equipment for $1,800 cash. As a result of this event,
a) stockholders' equity decreased by $1,800. |
b) total assets increased by $1,800. |
c) total assets remained unchanged. |
d) Both a and b. |
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