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Business, 22.02.2021 19:10 hollandhogenson

Foster, Inc., purchased a truck by paying $5,000 and borrowing the remaining $30,000 required to complete the transaction. Identify the correct statement(s) based on the transaction. a. The Company's liabilities will increase by $25,000.
b. The Company's liabilities will decrease by $30,000.
c. Foster Inc.'s assets will decrease by a net amount of $30,000.
d. The Company's liabilities will increase by $30,000.
e. Foster Inc.'s assets will increase by a net amount of $30,000.
f. Foster Inc.'s assets will decrease by a net amount of $25,000.

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