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Which of the following is possible for a particular business transaction? a. Increase assets; decrease liabilities. b. Decrease assets; increase stockholders equity. c. Decrease assets;

Which of the following is possible for a particular business transaction?

a. Increase assets; decrease liabilities.

b. Decrease assets; increase stockholders equity.

c. Decrease assets; decrease liabilities.

d. Decrease liabilities; increase expenses.

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