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WFC Co's Petty Cash Receipts Indicate the Following Expenditures for the the End

Question 86

Multiple Choice

WFC Co.'s petty cash receipts indicate the following expenditures for the end of October: Office supplies
$500
Miscellaneous selling expense
$350
Miscellaneous administrative expense
$160
As a result of these transactions, WFC Co.'s stockholders' equity:


A) remains unchanged.
B) increases by $500.
C) decreases by $1,010.
D) decreases by $510.

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