Which of the Following Journal Entries Would Decrease Stockholders' Equity

question 78

Multiple Choice

Which of the following journal entries would decrease stockholders' equity?

• A) Debit Prepaid Insurance and credit Cash
• B) Debit Unearned Revenue and credit Service Revenue
• C) Debit Supplies and credit Accounts Payable
• D) Debit Insurance Expense and credit Cash

---

Definitions:

Lateral Malleolus

The bony prominence on the outer side of the ankle, which is part of the fibula bone.

Fontanels

Soft spots on a baby's skull where the bones have not yet grown together, allowing for growth of the brain.

Ossification

The biological process of bone formation in the body.

Cranial Compression

The condition characterized by increased pressure inside the skull, which can affect brain function.