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Bledsoe Company received $17.000 cash from the issue of stock on January 1, Year 1. During Year 1, Bedsoe earned $8.500 of revenue on account.

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Bledsoe Company received $17.000 cash from the issue of stock on January 1, Year 1. During Year 1, Bedsoe earned $8.500 of revenue on account. The company collected $6,000 cash from accounts receivable and paid $5,400 cash for operating expenses. Based on this information alone, d ring Year 1. Multiple Choice Total assets increased by $20,100. Total assets did not change Total assets increased by $26,300 Total assets increased by $600

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