Business
Business, 11.02.2020 04:50, mgkman9814

What effects occur when an account payable is paid with cash?

a. Decreases stockholders’ equity and decreases liabilities
b. Decreases assets and increases stockholders’ equity
c. Decreases assets and decreases liabilities
d. Increases assets and decreases liabilities

answer
Answers: 3

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What effects occur when an account payable is paid with cash?

a. Decreases stockholders...

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