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Sue Shells, Incorporated pays back $ 2 0 0 , 0 0 0 on a loan it had obtained earlier from a bank. What is
Sue Shells, Incorporated pays back $ on a loan it had obtained earlier from a bank. What is the effect of this transaction?
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Assets decrease by $; liabilities and stockholders' equity are both unchanged.
Assets decrease by $ liabilities decrease by $ and stockholders' equity is unchanged.
Assets decrease by $ and liabilities increase by $
Assets decrease by $ liabilities are unchanged, and stockholders' equity decreases by $
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