Question: The payment of accounts payable results in a(n): decrease in both liabilities and assets. decrease in liabilities and increase in assets. decrease in liabilities

The payment of accounts payable results in a(n): decrease in both liabilities

 

The payment of accounts payable results in a(n): decrease in both liabilities and assets. decrease in liabilities and increase in assets. decrease in liabilities and increase in stockholders' equity. increase in liabilities and decrease in stockholders' equity.

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