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A sole proprietor recorded the payment of an account payable to an office supplies store. Recording the transaction will Select one: O a. increase an

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A sole proprietor recorded the payment of an account payable to an office supplies store. Recording the transaction will Select one: O a. increase an asset, increase a liability O b. decrease an asset, decrease a liability O c. increase an asset, increase owner's equity O d. decrease an asset, decrease owner's equity e. None of the above

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