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QUESTION
RST Company issues common stock for 80,000 cash.60,000 of the cash was used to purchase land. As a result of these transactions a. total assets...
RST Company issues common stock for 80,000 cash.60,000 of the cash was used to purchase land. As a result of these transactions
a. total assets increased by 20000
b. total assets increased by 80000
c. total assets increased by 140000
d. none
