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14) A business receives an accountant's bill of $ 500, which of the following statements correctly shows the effect upon the accounting equation of the
14) A business receives an accountant's bill of $ 500, which of the following statements correctly shows the effect upon the accounting equation of the business, assuming the bill is unpaid. a) Assets decrease, Liabilities increase b) Capital decrease, Liabilities increase c) Capital increase, Liabilities decrease
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Probability And Statistics
Authors: Morris H. DeGroot, Mark J. Schervish
4th Edition
9579701075, 321500466, 978-0176861117, 176861114, 978-0134995472, 978-0321500465
