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pleez help answer ASAAAP FOR EXAM! Sheridan Company recorded journal entries for the declaration of $253500 of dividends, the $164000 increase in accounts receivable for

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Sheridan Company recorded journal entries for the declaration of $253500 of dividends, the $164000 increase in accounts receivable for services rendered, and the purchase of equipment for $105000. What net effect do these entries have on stockholders' equity? Decrease of $89500. Increase of $59000. O Decrease of $358500. O Decrease of $194500

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