Decrease both an asset and retained earnings

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Reference no: EM131251350

Financial Statements

Describe a transaction that would:

Decrease both a liability and an asset.

Increase both an asset and retained earnings.

Decrease both an asset and retained earnings.

Increase both an asset and capital stock.

Increase both an asset and a liability.

Increase one asset and decrease another asset.

Reference no: EM131251350

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