Buffy inc., borrowed $50,000 from a bank, depositing those funds in its bank account and signing a formal agreement to repay the loan in two years. which of the following statements is true with regards to this transaction?
a. the duality of effects does not apply to borrowing transactions.
b. assets and liabilities increased.
c. liabilities and stockholders' equity increased.
d. assets, liabilities, and stockholders' equity increased.

An important source of public scrutiny is "watchdogs." these are: the efforts of a firm's competitors, including how often the competitors attack the firm's strategies. taxpayer-supported government agencies that limit a firm's ability to compete in foreign markets. companies designated by the government to only produce products that support the government defense program. socially conscious groups that make it their mission to measure the social responsibility levels of businesses, and provide consumers with their opinions about the level of corporate responsibility of various companies.