Question: Which of the following transactions would cause a decrease in both assets and stockholders' equity? Multiple Choice Paying advertising for the current month. Paying insurance

Which of the following transactions would cause a decrease in both assets and stockholders' equity?
Multiple Choice
Paying advertising for the current month.
Paying insurance premium for the next two years.
Providing services to customers on account.
Purchasing office equipment on account.
Which of the following transactions would cause a decrease in both

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