Question: Multiple Choice Question Sampson Corporation issues common stock for $ 2 5 , 0 0 0 cash and uses some of the proceeds to purchase

Multiple Choice Question
Sampson Corporation issues common stock for $25,000 cash and uses some
of the proceeds to purchase equipment for $10,000 cash. Sampson also
purchases $4,000 of supplies on account. After recording these transactions
total assets are
$39,000
$29,000
$19,000
$35,000
$14,000
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 Multiple Choice Question Sampson Corporation issues common stock for $25,000 cash

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