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Suppose that Samsung Company had a transaction that caused a $ 5 , 0 0 0 increase in both assets and liabilities. This transaction could
Suppose that Samsung Company had a transaction that caused a $ increase in both assets and
liabilities. This transaction could have been an
repayment of a $ bank loan.
purchase of office equipment for $ cash.
purchase of office equipment for $ paying $ cash and issuing a note payable for the balance.
investment of $ cash in the business by the stockholders.
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