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The current balance sheet of the Acme Company is, Debt $500,000, Equity $300,000, and Total Assets $800,000. The firms decides to issue $250,000 bonds to
The current balance sheet of the Acme Company is, Debt $500,000, Equity $300,000, and Total Assets $800,000. The firms decides to issue $250,000 bonds to expand the business. Show the balance sheet after issuing the bond.
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