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    Financial Accounting Study Set 6
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    Exam 2: Transaction Analysis
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    The Purchase of Land for Cash Would
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The Purchase of Land for Cash Would

Question 66

Question 66

Multiple Choice

The purchase of land for cash would:


A) increase total assets.
B) decrease stockholders' equity.
C) increase the total debits on the trial balance.
D) have no effect on total assets.

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