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In the year 2018, Alpha Inc. incurred operating expenses of $240,000 and paid $200,000. Which of the following statements is correct? O Stockholders' Equity decreased
In the year 2018, Alpha Inc. incurred operating expenses of $240,000 and paid $200,000. Which of the following statements is correct? O Stockholders' Equity decreased by $240,000, Assets decreased by $200,000, Liabilities Increased by $40,000. Stockholders' Equity decreased by $240,000, Assets decreased by $240,000 O Stockholders' Equity decreases by $240,000, Assets decrease by $240,000, Liabilities increase by $40,000. O Stockholders' Equity decreases by $200,000 and assets decrease by $200,000
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