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2 . Which of the following events reduces net income and consequently also reduces stockholders equity * a . Purchasing equipment paying ten percent down

2. Which of the following events reduces net income and consequently also reduces stockholders equity
*
a. Purchasing equipment paying ten percent down and signing a note for the remainder.
b. Paying monthly salaries.
c. Collecting money for goods to be made and delivered in the following period.
d. Issuing common stock above par value.
e. Two of the above.

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