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AMB Company's Tabular Analysis at the Beginning of October Consisted

Question 151

Multiple Choice

AMB Company's tabular analysis at the beginning of October consisted of the following balances: AMB Company's tabular analysis at the beginning of October consisted of the following balances:   During October the company issued additional shares of stock for proceeds of $2000.After recording this transaction in the tabular analysis the company would report: A) Assets $12000 = Liabilities $3000 + Stockholders' Equity $9000 B) Assets $9500 = Liabilities $3000 + Stockholders' Equity $6500 C) Assets $10000 = Liabilities $3000 + Stockholders' Equity $9000 D) Assets $8000 = Liabilities $3000 + Stockholders' Equity $5000 During October the company issued additional shares of stock for proceeds of $2000.After recording this transaction in the tabular analysis the company would report:


A) Assets $12000 = Liabilities $3000 + Stockholders' Equity $9000
B) Assets $9500 = Liabilities $3000 + Stockholders' Equity $6500
C) Assets $10000 = Liabilities $3000 + Stockholders' Equity $9000
D) Assets $8000 = Liabilities $3000 + Stockholders' Equity $5000

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