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What is the effect on the balance sheet of recording a exist200 cash purchase of raw materials? a) Assets increase by exist200 and equity increases

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What is the effect on the balance sheet of recording a exist200 cash purchase of raw materials? a) Assets increase by exist200 and equity increases by exist200. b) Assets and equity do not change. c) Assets increase by exist200 and equity does not change. d) Assets decrease by exist200 and equity decreases by exist200

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