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Lakesha Corp. purchased $3,000 of supplies on account. The supplies will be used over the next few months. This event causes O assets and shareholders'
Lakesha Corp. purchased $3,000 of supplies on account. The supplies will be used over the next few months. This event causes O assets and shareholders' equity to increase by $3,000, O assets and shareholders' equity to decrease by $3,000. O assets and expenses to decrease by $3,000. O assets and liabilities to increase by $3,000. 2 pts D Question 17 Which of the following changes describes the payment of $30.000 for a new bulldozer? Assets and shareholders' equity decrease by $30,000. O Assets decrease and shareholders'equity increases by $30,000. O No net change in total assets. Assets decrease by $30,000. 2 pts D Question 18 Ayear-end cash balance is shown on which of the following financial statements? Statement of cash flows only
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