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What is the effect of the following business activity on the element indicated? Paid your supplier, less the discount of $85, cash of $8500. ---

What is the effect of the following business activity on the element indicated? Paid your supplier, less the discount of $85, cash of $8500. --- Liabilities

1) no effect

2) decrease

3) increase

4) increase to one and decrease to another

Why is the answer decrease?

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