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Facio Company sold common stock to investors and received cash. Facio Company debited Cash and credited investments in Stock. What accounts would be understated and/or

Facio Company sold common stock to investors and received cash. Facio Company debited Cash and credited investments in Stock. What accounts would be understated and/or overstated?

a. Cash would be correct, Investment in Stock would be understated, Common Stock would be overstated

b. Cash would be correct, Investment in Stock would be understated, Common Stock would be understated

c. Cash would be overstated, Investment in Stock would be understated, Common Stock would be overstated

d. Cash would be understated, Investment in Stock would be understated, Common Stock would be overstated

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