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How much did the transaction on March total assets

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Reference no: EM132817396

Question - Maison Company began business on Jan. 1, 2020. Following are some of the company's transactions during their first three months in business: Feb. 8 - Purchased inventory on account for $8,000. March 26 - Sold $5,000 in inventory for $13,000, half in cash and half on account. How much did the transaction on March 26th change Maison's total assets?

Reference no: EM132817396

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