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Henry i the junior accountant of a construction company. He pays rent for its office bldg for the mont of January. He credit the bank
Henry i the junior accountant of a construction company. He pays rent for its office bldg for the mont of January. He credit the bank account and debits the rent account. What will be the change in the balance sheet on account of this transaction. a. total current liabilities increase b. total current assets decrease c. total fixed assets increased d. long term liabilities decrease e. total current liabilities decrease
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