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a. Assets increase, stockholders' equity increases - The balance sheet, statement of cash flows, and statement of changes in stockholders' equity are affected.
b. Assets increase, stockholders' equity increases - This is similar to an acquisition of cash capital from the owner except that inventory and not cash is increased. The balance sheet and statement of changes in stockholders' equity are affected. The statement of cash flows is not affected.
c. This is an asset exchange and total assets would not change. The balance sheet and statement of cash flows are affected.
d. Assets both increase and decrease (cash increases, inventory decreases) and stockholders' equity both increases and decreases (revenue is increased and cost of goods sold is increased). The balance sheet, income statement, statement of changes in stockholders' equity, and statement of cash flows are affected
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