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a. increase stockholders’ equity b. increase net income c. decrease liabilities d. have no effect on stockholders’ equity
without taking the entrest expense in consedration the correct answer would be D
The correct answer is 'd' (i.e. have no effect on stockholder's equity).
Dr Cash
Cr Payables
will have no impact on stakeholders equity i.e D
Option "d" is the correct answer,
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