Question: Question 7 Browning Inc. is a small start-up software development form. It currently owns computer equipment worth $30,000; has cash on hand of $75,000 contributed

Question 7 Browning Inc. is a small start-up software development form.

Question 7 Browning Inc. is a small start-up software development form. It currently owns computer equipment worth $30,000; has cash on hand of $75,000 contributed by Browning's owners. For the transaction below, identify the real and/or financial assets that trade hands. Browning sells the $1,000 shares of FaceBook stock at $210/share and uses part of the proceeds to pay off the bank loan. (5 pts) Edit View Insert Format Tools Table Paragraph BI U ALT T 12pt

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