Question: Question content area top Part 1 What is the effect on total assets and stockholders' equity of paying the telephone bill as soon as it

Question content area top
Part 1
What is the effect on total assets and stockholders' equity of paying the telephone bill as soon as it is received each month?
Question content area bottom
Part 1
A.
Total assets
Stockholders equity
Decrease
No effect
B.
Total assets
Stockholders equity
No effect
Decrease
C.
Total assets
Stockholders equity
Decrease
Decrease
D.
Total assets
Stockholders equity
No effect
No effect

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