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Business, 10.10.2019 18:30 matthewt894

Which of the following transactions results in an increase in both net income and stockholders' equity?
paying cash to acquire a six-month insurance policy.
collecting cash from a customer for services to be provided in the future.
the accrual of interest expense year-end.
adjustment of the unearned revenue account for revenue earned during the period.

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Which of the following transactions results in an increase in both net income and stockholders' equi...
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