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    Financial Accounting Tools Study Set 5
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    Exam 3: The Accounting Information System
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    The Payment of an Account Payable
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The Payment of an Account Payable

Question 6

Question 6

Multiple Choice

The payment of an account payable


A) decreases total assets.
B) increases total assets.
C) has no effect on total assets.
D) increases total liabilities.

Correct Answer:

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