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RST Company issues common stock for 80,000 cash.60,000 of the cash was used to purchase land. As a result of these transactions a. total assets

RST Company issues common stock for 80,000 cash.60,000 of the cash was used to purchase land. As a result of these transactions

a. total assets increased by 20000

b. total assets increased by 80000

c. total assets increased by 140000

d. none

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