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    Introduction to Management Accounting Study Set 1
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    Exam 15: Basic Accounting: Concepts, techniques, and Conventions
  5. Question
    A Cash Payment on Accounts Payable Will ________
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A Cash Payment on Accounts Payable Will ________

Question 141

Question 141

Multiple Choice

A cash payment on accounts payable will ________.


A) increase assets and increase liabilities
B) increase assets and increase stockholders' equity
C) decrease assets and decrease liabilities
D) decrease assets and increase stockholders' equity

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