W12021 V2 Time left 1:56:28 hts card ar urses 10 W12021 V2 500 W12021 V Question 12 Not yet answered Points out of 2.5 Flag question Purchasing equipment for $50,000 by paying $10,000 in cash and the remainder on credit would: Select one: O a. Decrease stockholders' equity by $50,000 O b. Increase total assets by $60,000 O c. Decrease liabilities by $10,000 O d. Increase total assets by $40,000 O e. Increase liabilities by $10,000 550 W12021 V 101 WI2021 R Cary Resources dent Success & Coring Services alsh Connect Question 13 Not yet answered Points out of 2.5 PFlag question The combined declaration and payment of a cash dividend results in what net effect to the following? Select one: Oa. Net Income Retained Earnings Decreased O b. Net Income Decreased Oc. Net Income Unchanged Od. Net Income Unchanged Unchanged Retained Earnings Decreased Retained Earnings Unchanged Retained Earnings Decreased