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Q38. Anthony, Inc. buys land for $50,000 cash. The net affect on assets is a. $50,000 increase. b. $0. c. $50,000 decrease. d. $25,000 increase.

Q38. Anthony, Inc. buys land for $50,000 cash. The net affect on assets is

a. $50,000 increase.

b. $0.

c. $50,000 decrease.

d. $25,000 increase.

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