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Business, 15.04.2020 04:49 tfracciscoramon

"Following are transactions of ABC, a new company, during the month of January:1. Issued 10,000 shares of common stock for $15,000 cash.2. Purchased land for $12,000, signing a note payable for the full amount.3. Purchased office equipment for $1,200 cash.4. Received cash of $14,000 for services provided to customers during the month.5. Purchased $300 of office supplies on account.6. Paid employees $10,000 for their first month's salaries. How many of these transactions decreased ABC's total assets?"

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