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  3. Study Set
    Fundamental Financial Accounting Concepts
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    Exam 1: An Introduction to Accounting
  5. Question
    Which of the Following Cash Transactions Results in No Net
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Which of the Following Cash Transactions Results in No Net

Question 15

Question 15

Multiple Choice

Which of the following cash transactions results in no net change in assets?


A) Borrowing cash from a bank
B) Issuing common stock for cash
C) Purchasing land for cash
D) Providing services for cash

Correct Answer:

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