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Ivanhoe Company recorded journal entries for the issuance of common stock for $205000 , the payment of $63000 on accounts payable, and the payment of
Ivanhoe Company recorded journal entries for the issuance of common stock for
$205000
, the payment of
$63000
on accounts payable, and the payment of salaries expense of
$109500
. What net effect do these entries have on stockholders' equity?\ increase of
$205000
\ increase of
$32500
\ increase of
$142000
\ increase of
$95500
Ivanhoe Company recorded journal entries for the issuance of common stock for $205000, the payment of $63000 on accounts payable, and the payment of salaries expense of $109500. What net effect do these entries have on stockholders' equity? increase of $205000 increase of $32500 increase of $142000 increase of $95500
Ivanhoe Company recorded journal entries for the issuance of common stock for
$205000
, the payment of
$63000
on accounts payable, and the payment of salaries expense of
$109500
. What net effect do these entries have on stockholders' equity?\ increase of
$205000
\ increase of
$32500
\ increase of
$142000
\ increase of
$95500
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