Question: Which of the following entries result in a decrease in total assets and stockholders' equity? Multiple choice question. Payment of extraordinary repairs that significantly improves

Which of the following entries result in a decrease in total assets and stockholders' equity? Multiple choice question. Payment of extraordinary repairs that significantly improves the effectiveness of a long-lived asset Recording a purchase as a capital expenditure The adjusting entry to record the depreciation of long-live assets The adjusting entry to record the interest owed on a note issued when purchasing a long-lived asset

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