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Saddleback Company paid off $42,000 of its accounts payable in cash. What would be the effects of this transaction on the accounting equation?
Saddleback Company paid off $42,000 of its accounts payable in cash. What would be the effects of this transaction on the accounting equation?
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Horngrens Accounting
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
9780134487151, 013448715X, 978-0134674681
