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Katie’s Vegetarian Restaurant, with total assets of $90,000, borrows $15,000 from the bank. Which of the following is a true statement upon borrowing the money? A. Total assets are now $105,000. B. Total assets are now $80,000. C. Total assets are now $15,000. D. Total assets are now $75,000.
s
Katie’s Vegetarian Restaurant, with total assets of $90,000, borrows $15,000 from the bank. The following is true: Total assets are now $105,000.
Expert answered|debnjerry|Points 65128|
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Asked 11/24/2014 11:21:48 AM
Updated 11/24/2014 12:15:14 PM
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Confirmed by sujaysen [11/24/2014 12:15:14 PM]
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