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1 November, 21:28

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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Answers (1)
  1. 1 November, 21:42
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    Hello there.

    Which of the following transactions would cause one asset to increase and another asset to decrease?

    Answer: the business paid a creditor.

    Option B)
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