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D 17 2.55 What is the impact on the accounting equation of recording a payment to a supplier on account? o Liabilities decrease and stockholders'

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D 17 2.55 What is the impact on the accounting equation of recording a payment to a supplier on account? o Liabilities decrease and stockholders' equity increases. O Both assets and stockholders' equity decrease. O Both assets and liabilities decrease. O Liabilities increase and stockholder' equity decreases. O No effect because this is an exchange of assets only

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