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If a corporation appropriates retained earnings for treasury stock transactions, the appropriation will affect total amounts for retained earnings and stockholders' equity as Total Total

If a corporation appropriates retained earnings for treasury stock transactions, the appropriation will affect total amounts for retained earnings and stockholders' equity as

Total Total
Retained Earnings Stockholders' Equity
I. decrease decrease
II. decrease no effect
III. no effect no effect
IV. no effect decrease

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