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5. Consider the Accounting Equation: Courtney Company purchased equipment for $1,800 cash. As a result of this event: stockholder's equity decreased by $1,800. total assets

5. Consider the Accounting Equation: Courtney Company purchased equipment for $1,800 cash. As a result of this event:

stockholder's equity decreased by $1,800.
total assets increased by $1,800.
total assets remained unchanged.
Both a and c.
Both a and b.

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