Which of the Following Transactions Would Decrease an Asset and Decrease

question 61

Multiple Choice

Which of the following transactions would decrease an asset and decrease stockholders' equity?

• A)The payment of an account payable
• B)The performance of a service for a client on account
• C)The borrowing of money from the bank for thirty days
• D)The declaration and payment of a dividend to the shareholders

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Definitions:

Hypersomnia

A sleep disorder characterized by excessive sleepiness, where the individual has trouble staying awake during the day, even after long periods of sleep.

Sleep Disorders

Disturbances in sleeping or staying awake, such as insomnia and narcolepsy.

Excessive Sleep

A condition characterized by sleeping for extended hours, typically more than what is considered necessary for normal functioning, which can indicate underlying health issues.

Hypersomnolence Disorder

A sleep disorder characterized by excessive sleepiness despite adequate or prolonged nighttime sleep, often resulting in significant distress or impairment in daytime functioning.