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Identifying Account Titles The following are independent situations. a. A new company is formed and sells 100 shares of stock for $12 per share to

Identifying Account Titles The following are independent situations. a. A new company is formed and sells 100 shares of stock for $12 per share to investors. b. A company purchases for $18,000 cash a new delivery truck that has a list, or sticker, price of $21,000. c. A women

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