Which of the following direct effects on the accounting equation is not possible as a...
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Accounting
Which of the following direct effects on the accounting equation is not possible as a result of a single business transaction which impacts only two accounts?
Multiple Choice
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An increase in an asset and a decrease in an asset.
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A decrease in stockholders' equity and a decrease in an asset.
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An increase in stockholders' equity and an increase in an asset.
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An increase in a liability and a decrease in an asset.
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