In Weston Company, land decreased $150,000 because of a cash sale for $150,000, the equipment account increased $60,000 as a result of a cash purchase, and Bonds Payable increased $120,000 from issuance for cash at face value. The net cash provided by investing activities is Select one: a. $210,000. b. $150,000. c. $90,000. d. $270,000.

A capital deficiency exists when all partners have a credit balance in their capital accounts. Select one: a. TRUE b. FALSE

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