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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 i…
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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 i…
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Jan 14, 2018
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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
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Taisha
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I would personally say A, since paying a creditor wouldn't cause assets to decrease, and neither would D or C.
MrNew
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Jan 20, 2018
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