Concept – Paying Telephone Bill: Effect on total Assets and Stockholders’ Equity

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Which of the following shows the effect of paying immediately the telephone bill on total assets and stockholders' equity?

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  • Search Terms: and as assets assets stockholders’ bill each effect effect decrease effect no effect b. total effect c. total equity equity decrease decrease d. total equity decrease no equity no is it month? a. total of on paying received soon stockholders’ telephone the total what
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