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Zack's, Inc. sold land that cost $ 8 5 , 0 0 0 for $ 7 0 , 0 0 0 cash. As a result
Zack's, Inc. sold land that cost $ for $ cash. As a result of this event
total assets increased.
total assets were not affected.
total assets and liabilities increased.
total assets decreased.
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
3rd Canadian edition
978-1118727737, 1118727738, 978-1118033890
