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2 votes
Which transaction would cause one asset to increase and another asset to decrease?

a. the owner invested cash in the business.
b. the business paid a creditor.
c. the business incurred an expense on credit.
d. the business bought supplies for cash

User Taisha
by
8.3k points

1 Answer

4 votes
I would personally say A, since paying a creditor wouldn't cause assets to decrease, and neither would D or C.
User MrNew
by
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