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Question 6 Company A paid $20,000 cash to buy land from Company B. Select the statement that is true. A Total liabilities of Company B

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Question 6 Company A paid $20,000 cash to buy land from Company B. Select the statement that is true. A Total liabilities of Company B would increase. B Total assets of Company A would be unaffected. C Company A's equity would increase. D None of the above

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