Question
one effect on the accounting equation when a firm lends money is that stockholders' equity decreases liabilities decrease liabilities increase total assets remain the same.
one effect on the accounting equation when a firm lends money is that
- stockholders' equity decreases
- liabilities decrease
- liabilities increase
- total assets remain the same.
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Bank Management Text And Cases
Authors: George H. Hempel, Alan B. Coleman, Donald G. Simonson
3rd Edition
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