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Lazer Company Paid a Utility Bill of $12,000 and Paid

Question 82

Multiple Choice

Lazer Company paid a utility bill of $12,000 and paid rent of $20,000.As a result of these transactions, the stockholders' equity:

A) increases by $8,000.
B) decreases by $32,000.
C) increases by $20,000.
D) decreases by $12,000.

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