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Jenny decided to open Jenny's Flowers, a floral arranging business. She invested $40,000 in Jenny's Flowers and common stock was issued. What was the result
Jenny decided to open Jenny's Flowers, a floral arranging business. She invested $40,000 in Jenny's Flowers and common stock was issued. What was the result of this transaction? Group of answer choices
Assets decreased and equity increased
Assets increased and Equity increased
Assets increased and Assets decreased
Assets increased and liabilities increased
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