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Mod 3: AA corporation had the following 1st year transactions. Issued 100 shares of stock in exchange for $500 Purchased $300 of inventory on account
Mod 3: AA corporation had the following 1st year transactions. Issued 100 shares of stock in exchange for $500 Purchased $300 of inventory on account Sold inventory costing $100 to a customer for $200 cash and $400 on account Compute AA corporation's TOTAL equity as of the end of the year: 5900 O $1.300 O $1.000 $800 Hide
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