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A company purchases software; it has an estimated useful life of three years. The adjustment to recognize amortization for the use of software would cause
A company purchases software; it has an estimated useful life of three years. The adjustment to recognize amortization for the use of software would cause which of the following?
Group of answer choices
An increase in assets, an increase in liabilities, and a decrease in expenses
A decrease in assets, an increase in liabilities, and an increase in expenses
A decrease in assets, a decrease in stockholders' equity, and an increase in expenses
An increase in liabilities, an increase in expenses, and a decrease in stockholders' equity
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