8. A transaction caused a $50,000 increase in both total assets and total liabilities. This...
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Accounting
8. A transaction caused a $50,000 increase in both total assets and total liabilities. This transaction could have been A. the purchase of a $50,000 parcel of land by issuing a note payable. B. issuing stock to investors for $50,000 cash. C. a loan from the bank of $50,000 was repaid. OD. the collection of a $50,000 account receivable
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