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Which one of the following transactions will decrease shareholders equity? Select one: a. Sale of inventory for a profit to a customer b. A gain
Which one of the following transactions will decrease shareholders equity? Select one: a. Sale of inventory for a profit to a customer b. A gain on the disposal of an old delivery van c. Purchase of a delivery van on account d. Repurchase and retirement of outstanding common shares e. Payment of a previously declared cash dividend
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