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Which of the following statements is not true?
O a. The effect of every transaction...
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Business, 04.09.2021 23:30, Falconpride4079
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Which of the following statements is not true?
O a. The effect of every transaction is an increase or a decrease in one or more of the accounting equation elements (assets, liabilities, and stockholder's equity).
O b. The two sides of the accounting equation are always equal
O c. Expenses increase stockholders' equity
O d. Stockholders' equity is increased by stockholders' investments and is decreased by dividends.
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Answers: 2
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