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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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8 years ago
Hamilton Lawn Services incurred $800 as a repair expense and paid for it in cash. This transaction will ________.
A) decrease the stockholders' equity
B) decrease the liabilities of the business
C) increase the assets of the business
D) increase the liabilities of the business
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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8 years ago
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H3Ko Author
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#2
7 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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