Quiz1.docx - ACCT105 Week 1 Quiz Question 1 of 10 10.0/...

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ACCT105 Week 1 QuizQuestion 1 of 1010.0/ 10.0 PointsThe return of defective equipment to the supplier before it is paid for would:A. Increase an asset and increase stockholders’ equity.B. Decrease an asset and decrease a liability.C. Increase an asset and increase a liability.D. Increase one asset and decrease another asset.E. None of the above.Answer Key:B

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