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Mountain Water Corp. issued common stock of $28,000 to pay off notes payable of $28,000. In what section(s) would these transactions be recorded? O A.

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Mountain Water Corp. issued common stock of $28,000 to pay off notes payable of $28,000. In what section(s) would these transactions be recorded? O A. Financing activities payment of note, S(28,000) O B. Financing activities cash receipt, $28,000 O C. Non-cash investing and financing activities, $28.000 OD. Both a and b are correct

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