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Which of the following transactions would have no effect on total assets, total liabilities, or owner's equity? a. Paying a vendor on account b. Borrowing

Which of the following transactions would have no effect on total assets, total liabilities, or owner's equity?

a. Paying a vendor on account

b. Borrowing cash and issuing a note payable

c. Purchasing office equipment on account

d. Purchasing office supplies for cash

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