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Computer Science
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11. What will be the effect on accounting equation, when payment is made to the

creditor of the business?

a. Increase in an asset and increase in a liability

b. Decrease in an asset and decrease in a liability

c. Increase in an asset and increase in owner's equity

d. Decrease in an asset and decrease in owner's equity

Aug 3rd, 2015

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d. Decrease in an asset and decrease in owner's equity

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Aug 3rd, 2015

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