Which of the following transactions 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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Home » Business » Which of the following transactions 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.