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00 8 2 points 01:28:35 Your company pays back $2 million on a loan it had received earlier from a bank. How does this
00 8 2 points 01:28:35 Your company pays back $2 million on a loan it had received earlier from a bank. How does this transaction affect the accounting equation? Multiple Choice Assets are unchanged, liabilities and shareholders' equity both increase by $2 million. Assets decrease by $2 million, liabilities decrease by $2 million, shareholders' equity is unchanged. Assets are unchanged, abilities increase by $2 million, contributed capital decreases by $2 million Assets decrease by $2 million, labilities are unchanged, contributed capital decreases by $2 million.
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