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MrsExe Sold 200 Shares of Tee Corp

Question 92

Multiple Choice

Mrs.Exe sold 200 shares of Tee Corp.to Mrs.Wye for $3,150.As a result of this transaction, Tee Corp.'s


A) shareholders' equity did not change.
B) shareholders' equity increased by $3,150.
C) shareholders' equity decreased by $3,150.
D) assets increased by $3,150.

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