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Question 8 Not yet answered Marked out of 1.00 P Flag question Which of the following decreases stockholders' equity? Select one: O A. Paying monthly
Question 8 Not yet answered Marked out of 1.00 P Flag question Which of the following decreases stockholders' equity? Select one: O A. Paying monthly rent in cash O B. Issuing shares of stock o C. Purchasing equipment for cash O D. Paying cash to settle an account payable Question 9 Not yet answered Marked out of 1.00 P Flag question The declaration and payment of a dividend by a corporation causes: Select one: O A. A decrease in assets and a decrease in liabilities. O O B. A decrease in assets and a decrease in retained earnings C. A decrease in assets and an increase in retained earnings D. A decrease in assets and a decrease in common stock O
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