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Answe the following 1) Owner withdraws cash from yhe business. 2) An account payable is paid. 3) A bill is sent to a customer. 4)

Answe the following
1) Owner withdraws cash from yhe business.
2) An account payable is paid.
3) A bill is sent to a customer.
4) The owner invests money in the business.
5) Supplies are purchased for cash.
6) Supplies are purchased on account ( for credit).
7) The rent is paid.
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Below are several ways in which the accounting equation can change: A. One asset increases, another asset decreases B. Assets increase, liabilities increase C. Assets increase, owner's equity increases D. Assets decrease, owner's equity decreases E. Assets decrease, liabilities decrease For the transaction below, indicate by letter how it causes the equation to change

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