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Which of the following changes describes the sale 100 shares of stock for $5,000 cash?...

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Accounting

Which of the following changes describes the sale 100 shares of stock for $5,000 cash?

Assets and owners' equity increase by $5,000

Assets and owners' equity decrease by $5,000

Assets and liabilities increase by $5,000

Assets and liabilities decrease by $5,000

No changes in total assets, liabilities, or owners' equity

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