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RSTs accountant made the following entry in the accounting records: Work in Process Inventory XXX Raw Materials Inventory XXX b. a. Total assets and total
RSTs accountant made the following entry in the accounting records:
Work in Process Inventory XXX
Raw Materials Inventory XXX b.
a. Total assets and total liabilities increase.
b. Total assets are unaffected, but total equity increases.
c. c. Total assets and total equity are unaffected.
d. d. Total assets decrease and total liabilities increase.
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