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number 7 abilities increased by $10,000 and equity decreased by $6,000, assets must have 6--Notes payable are 7--Chansonette paid off $5,000 of accounts payable. Explain
number 7
abilities increased by $10,000 and equity decreased by $6,000, assets must have 6--Notes payable are 7--Chansonette paid off $5,000 of accounts payable. Explain how this action by Chansonette affected the accounting equation. Seach entrie by $Step by Step Solution
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