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Margarita just purchased $10,000 of stock. She paid $7,000 in cash and borrowed the remaining $3,000 needed to pay for this purchase. If you constructed
Margarita just purchased $10,000 of stock. She paid $7,000 in cash and borrowed the remaining $3,000 needed to pay for this purchase. If you constructed a balance sheet reflecting this transaction, the total assets would be: Multiple Choice $1,000. $8,000. $10,000. $12,000. $16,000
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