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What effects on a retail store's accounting equation occur when merchandise returned by customers is recorded? Assets and stockholders' equity decrease. Assets and stockholders' equity
What effects on a retail store's accounting equation occur when merchandise returned by customers is recorded? Assets and stockholders' equity decrease. Assets and stockholders' equity increase. Assets decrease and liabilities increase. Stockholders' equity decreases and liabilities increase.
What effects on a retail store's accounting equation occur when merchandise returned by customers is recorded?
Assets and stockholders' equity decrease.
Assets and stockholders' equity increase.
Assets decrease and liabilities increase.
Stockholders' equity decreases and liabilities increase.
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