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Coronado Industries had a transaction that caused a $4700 increase in both assets and liabilities. This transaction could have been afn) O repayment of a

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Coronado Industries had a transaction that caused a $4700 increase in both assets and liabilities. This transaction could have been afn) O repayment of a $4700 bank loan O purchase of office equipment for $4700 cash. O investment of $4700 cash in the business by the stockholders purchase of office equipment for $11280, paying $6580 cash and issuing a note payable for the balance

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