Multiple Choice
[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.
Correct Answer:

Verified
Correct Answer:
Verified
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