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If you purchase $28,000 of stock by paying $21,000 in cash and borrowing the remaining $7,000, how much would the total assets be if you
If you purchase $28,000 of stock by paying $21,000 in cash and borrowing the remaining $7,000, how much would the total assets be if you constructed a balance sheet to reflect this transaction? Question 18 options: A) $9,000 B) $28,000 C) $21,000 D) $12,000
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