26) The adjusting entry to recognize periodic depreciation expense has what effect on the basic...
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Accounting
26) The adjusting entry to recognize periodic depreciation expense has what effect on the basic accounting equation?
A) Decrease in assets, decrease in liabilities
B) Decrease in assets, increase in liabilities
C) Decrease in assets, increase in stockholders' equity
D) Decrease in assets, decrease in stockholders' equity
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