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An Owner Investment of a Building,valued at $100,000 with an $80,000

Question 53

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An owner investment of a building,valued at $100,000 with an $80,000 outstanding mortgage,transferring this asset into the business would:


A) increase assets by $20,000
B) increase assets by $80,000
C) increase shareholders' equity by $20,000
D) increase shareholders' equity by $100,000

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