Question: Please answer quickly: THANK YOU Which accounts are affected, and in which direction, by the following business activity? Use account names from the expanded accounting
Please answer quickly: THANK YOU Which accounts are affected, and in which direction, by the following business activity? Use account names from the expanded accounting equation. Select all that apply: Paid cash of $350 to repair the office photocopier. Question 9 options: 1) Increase Accounts Receivable 2) Decrease Accounts Payable 3) Increase Accounts Payable 4) No entry required 5) Increase Equipment 6) Decrease Equipment 7) Increase Cash 8) Decrease Cash 9) Increase Repairs & Maintenance Expense 10) Decrease Accounts Receivable 11) Decrease Repairs & Maintenance Expense
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