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A perfume company delivers a bonus to its employees in the form of bottles of perfume from its own inventory. In the company's balance sheet,
A perfume company delivers a bonus to its employees in the form of bottles of perfume from its own inventory. In the company's balance sheet, this results in _______________________.
A.a decrease in equity; a decrease in assets B.a reallocation of assets; no change in equity C.an increase in liabilities; a decrease in equity D.a reallocation in assets; no change in liabilities E.a decrease in liabilities; a decrease in assetsStep by Step Solution
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