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Which of the following statements is not true? a. The two sides of the accounting equation are always equal. b. Stockholders' equity is increased

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Which of the following statements is not true? a. The two sides of the accounting equation are always equal. b. Stockholders' equity is increased by stockholders' investments and is decreased by dividends. c. Expenses increase stockholders' equity. d. The effect of every transaction is an increase or a decrease in one or more of the accounting equation elements (assets, liabilities, and stockholder's equity).

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