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Consider the following transactions: (i) issued share capital for cash of $200 000 (ii) received $50 000 from accounts receivable (iii) paid $30 000 to
Consider the following transactions:
(i) issued share capital for cash of $200 000
(ii) received $50 000 from accounts receivable
(iii) paid $30 000 to accounts payable
(iv) purchased new equipment for $160 000 on credit
Total assets increased by:
A. $130 000
B. $180 000
C. $300 000
D.$330 000
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