When payment is made on Accounts Payable: Select one: a. Stockholders' equity decreases O b. Total assets remain the same c. Total expenses remain the same @ d. Total assets increase e. Revenues increase Whicly transaction would result in a decrease in total equity and an increase in liabilities? 020 question Select one: a. Wages earned by employees to be paid later b. Payment of a liability Receipt of cash for service performed earlier d. Rece otot cash for services to be performed Payment of a mortgage by issuing comm e estion 10 Which transaction will decrease Net Income Select one: Points out of 20 NON AM Which transaction will decrease Net Income? Select one: @ a Collection of Recording of Service Accounts Receivable Revenue Purchase of Equipment No NO No Collection of Recording of Service Accounts Receivable Revenue Purchase of Equipment Hes at a HT Collection of Rocorums of Service Accounts Receivable Rexehtud Put cept of inco he fute ely rep Collection of Recording of Service Acasino Receivable Reserse Purcha Yes No Collection of Recording of Service Accounts Receivable Revenue No Purchase of Equipment De Spelt E