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The payment of an accounts payable amount will have the following impact on the accounting equation. Select one: O a. Owners Equity (Revenue) will increase
The payment of an accounts payable amount will have the following impact on the accounting equation. Select one: O a. Owners Equity (Revenue) will increase and Assets (Cash) will increase. O b. Assets (Cash) will decrease and Liabilities (Accounts Payable) will decrease. C. Assets (Accounts Receivable) will decrease and Liabilities (Accounts Payable) will decrease. Accounts Receivable will not be part of this transaction O d. Assets (Cash) will increase and Liabilites (Accounts Payable) will decrease
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