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Virginia Company paid $7,500 cash for various manufacturing overhead costs. As a result of this transaction: A) total assets increase B) total assets, total equity,
Virginia Company paid $7,500 cash for various manufacturing overhead costs. As a result of this transaction:
A) total assets increase
B) total assets, total equity, and net income are not affected
C) total assets, total equity, and net income decrease
D) none of these
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