Business
Business, 19.09.2019 04:00, j015

Mune company recorded journal entries for the declaration of $25 of dividends, the $16 increase in accounts receivable for services rendered, and the purchase of equipment for $105000. what net effect do these entries have on stockholders’ equity?
a. decrease of $355,000
b. decrease of $195,000
c. decrease of $90,000.
d. increase of $55,000.

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Answers: 2

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