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S Which of the following changes describes the payment of $5,000 cash in settlement of an accounts payable? Multiple Choice O Assets and owners' equity
S Which of the following changes describes the payment of $5,000 cash in settlement of an accounts payable? Multiple Choice O Assets and owners' equity increase by $5,000 Assets and owners' equity decrease by $5,000 Assets and liabilities increase by $5,000 Assets and liabilities decrease by $5,000 No changes in total assets liabilities nor owners' equity
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