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    Exam 1: Accounting Concepts and Procedures: an Introduction
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    Sunrise Company Has Total Assets of $25,000
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Sunrise Company Has Total Assets of $25,000

Question 165

Question 165

Multiple Choice

Sunrise Company has total assets of $25,000. If $2,000 cash is used to purchase a new computer, the total assets would be


A) $25,000.
B) $23,000.
C) $27,000.
D) $22,000.

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