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Saddleback Company paid off $49,000 of its accounts payable in cash. What would be the effects of this transaction on the accounting equation? Multiple Choice

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Saddleback Company paid off $49,000 of its accounts payable in cash. What would be the effects of this transaction on the accounting equation? Multiple Choice O Labines, 549.000 decrease, equity, $49,000 increase Assets. $49,000 decrease, labilities. $49.000 Increase Assets, $49.000 increase, equity, $49.000 Increase Assets. $49.000 decrease, labies $49.000 decrease Assets, $49.000 decrease equity 549.000 decrease

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