Question: Help Save & Exit Submit Lockheed Martin Corporation is an American aerospace, defense, arms, security, and advanced technologies company with worldwide interests During 2019, Lockheed

 Help Save & Exit Submit Lockheed Martin Corporation is an American

Help Save & Exit Submit Lockheed Martin Corporation is an American aerospace, defense, arms, security, and advanced technologies company with worldwide interests During 2019, Lockheed Martin Corporation incurred expenses amounting to $120,000, of which $75,000 was paid in case the balance will be paid during 2020. Which of the following is correct for the 2019 year-end balance sheet? Multiple Choice Assets decrease $120,000, liabilities increase $45,000, and stockholders' equity decreases $120,000 Assets decrease $120,000 and stockholders' equity decreases $120,000 O Stockholders' equity decreases $75,000 and assets decrease $75.000 O None of these answers is correct O Stockholders' equity decreases $120,000, assets decrease $75,000, and liabilities increase $45.000 MacBook Pro

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