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Cathy Company's bookkeeper made the following journal entry on January 30, 2021: Building Land Cash Notes Payable 45,000 135,000 30,000 150,000 Before the journal
Cathy Company's bookkeeper made the following journal entry on January 30, 2021: Building Land Cash Notes Payable 45,000 135,000 30,000 150,000 Before the journal entry above, Cathy had assets, liabilities, and equity of $450,000, $100,000, and $350,000, respectively. What are total assets immediately after the above transaction occurs? $450,000 $300,000 $630,000 $600,000
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