Which of the Following Transactions Would Decrease an Asset and Decrease

question 99

Multiple Choice

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

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

---

Definitions:

Production Jobs

Positions within an organization that are focused on the manufacturing or creation of goods and services.

Standard Format

A specific, predefined layout or structure that is used consistently across documents, files, or systems for uniformity and ease of understanding.

Résumé

A document that summarizes an individual's work experience, education, skills, and achievements, used as a primary tool to secure employment.

Automated Systems

Technological solutions designed to perform tasks and processes with minimal human intervention.