Question: Which of the following journal entries would decrease shareholders' equity? a . Debit insurance expense, credit prepaid insurance b . Debit prepaid utilities, credit cash

Which of the following journal entries would decrease shareholders' equity?
a.
Debit insurance expense, credit prepaid insurance
b.
Debit prepaid utilities, credit cash
c.
Debit deferred revenue, credit revenue
d.
Debit inventory, credit accounts payable

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