Question: When a company pays an amount it owes a creditor: Question content area bottom Part 1 A. assets are decreased and net income is decreased.

When a company pays an amount it owes a creditor: Question content area bottom Part 1 A. assets are decreased and net income is decreased. B. assets are decreased and liabilities are increased. C. assets are decreased and liabilities are decreased. D. liabilities are decreased and net income is increased

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