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Question 111

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[The following information applies to the questions displayed below.]
The bookkeeper for Wood Mfg.made the following journal entry on January 30,2018:
[The following information applies to the questions displayed below.] The bookkeeper for Wood Mfg.made the following journal entry on January 30,2018:    -Before the journal entry above,Wood had assets,liabilities,and owners' equity of $450,000,$100,000,and $350,000,respectively.What are total assets immediately after the above transaction occurs? A) $221,000. B) $671,000. C) $735,500. D) $450,000.
-Before the journal entry above,Wood had assets,liabilities,and owners' equity of $450,000,$100,000,and $350,000,respectively.What are total assets immediately after the above transaction occurs?


A) $221,000.
B) $671,000.
C) $735,500.
D) $450,000.

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