Hazeltine Company issued common stock for $200,000 cash. What happened as a result of this event?
A)Assets increased.
B)Stockholders' Equity increased.
C)Claims increased.
D)Assets, claims, and Stockholders' Equity all increased.

Question

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The Answer of Hazeltine Company issued common stock for $200,000 cash. What happened as a result of this event?
A)Assets increased.
B)Stockholders' Equity increased.
C)Claims increased.
D)Assets, claims, and Stockholders' Equity all increased.

Hazeltine Company Issued Common Stock for $200,000 Cash