A business with a large positive bank balance sends a cheque to a supplier of its inventory items, to settle part of the balance due to the supplier. Which elements of the accounting equation will be affected by this transaction?

Hamza Bahrawi - upport Careers Skills Student Services My modules 51030001-A21/22 > Assessment 1 > Assessment 1 9 ation Question 11 Answer saved Marked out of 1.00 P Flag question 15 5 6 7 7 12 12 A business with a large positive bank balance sends a cheque to a supplier of its inventory items, to settle part of the balance due to the supplier. Which elements of the accounting equation will be affected by this transaction? 13 14 Select one: a. Assets and capital only b. Assets only O c. Assets, liabilities, and capital O d. Assets and Liabilities only Clear my choice Next page Previous page Show all x Lecture 3 Transa....ppt Lectures 1-3 Prac...zip Lecture 5_Mark....pptx Lecture 4 Transa....ppt Search or type URL e 8 A 9. 7 V