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For the following transaction, identify the type of change that would have occurred to the basic accounting equation A payment was made to accounts payable

For the following transaction, identify the type of change that would have occurred to the basic accounting equation

A payment was made to accounts payable

a.

An asset decreased and a liability decreased

b.

An asset increased and revenue increased

c.

An asset decreased and an expense increased

d.

A liability increased and another liability decreased

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