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John Smith bought a $3000 car paying fully with a credit card. Assuming the car's value has not depreciated after the purchase; which of the

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John Smith bought a $3000 car paying fully with a credit card. Assuming the car's value has not depreciated after the purchase; which of the following is CHANGES? Explain why. a) balance sheet b) net worth c) both balance sheet and net worth d) neither balance sheet nor net worth

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