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Oswald Co . purchased a manufacturing plant for the production of stuffed animals. Oswald paid $ 3 0 0 , 0 0 0 cash for

Oswald Co. purchased a manufacturing plant for the production of stuffed animals. Oswald paid $300,000 cash for the
purchase of the building. Oswald's purchase of the building will only affect
A. Liabilities
B. Retained Earnings
C. Assets
D. Expenses
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