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chezKamapinth1 chezKamapinth1
  • 22-02-2017
  • Business
Answered

A business paid $7,000 to a creditor in payment of an amount owed. the effect of the transaction on the accounting equation was to

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codename
codename codename
  • 28-02-2017

Credit the cash or bank account (depending on how the payment was done), then debit the creditors account

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