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Author Question: A business paid $4,000 to a creditor in payment of an amount owed. The effect of the transaction on ... (Read 80 times)

NClaborn

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on: Nov 10, 2019
A business paid $4,000 to a creditor in payment of an amount owed. The effect of the transaction on the accounting equation was to
◦ increase an asset, increase owner's equity.
◦ increase one asset, decrease another asset.
◦ decrease an asset, decrease a liability.
◦ increase an asset, increase a liability.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by NClaborn on Nov 10, 2019

dmurph1496

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Reply #1 on: Nov 10, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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NClaborn

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Reply 2 on: Nov 10, 2019
Excellent

isabelt_18

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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