cdizzlesmith5985 cdizzlesmith5985
  • 08-12-2022
  • Business
contestada

gomez service company paid its first installment on a note payable of $2000. how will this transaction affect the accounting equation?

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sandyelyas6
sandyelyas6 sandyelyas6
  • 08-12-2022

Answer:

Answer: b. Decrease Assets (Cash) and decrease Liabilities (Notes Payable).

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