Question: How are assets, liabilities and net worth affected respectively when paying expenses with cash? a. Increase; No Change; Decrease b. Increase; Decrease; No Change c.

How are assets, liabilities and net worth affected respectively when paying expenses with cash?

a. Increase; No Change; Decrease 

b. Increase; Decrease; No Change 

c. Decrease; Decrease; No Change 

d. Decrease; No Change; Decrease

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