Question: Which of the following journal entries would decrease stockholders' equity? Multiple Choice Debit Prepaid Insurance and credit Cash. Debit Deferred Revenue and credit Service Revenue.

Which of the following journal entries would decrease stockholders' equity?
Multiple Choice
Debit Prepaid Insurance and credit Cash.
Debit Deferred Revenue and credit Service Revenue.
Debit Supplies and credit Accounts Payable.
Debit Insurance Expense and credit Cash.

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