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Business, 21.07.2019 06:20 allytrujillo20oy0dib

Venus inc. paid $5,000 for account payable. how does this transaction affect the accounting equation of venus? select one: a. assets decrease by $5,000 and liabilities decrease by $5,000. b. assets decrease by $5,000 and equity increases by $5,000. c. assets increase by $5,000 and equity decreases by $5,000. d. assets increase by $5,000 and liabilities increase by $5,000.

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Venus inc. paid $5,000 for account payable. how does this transaction affect the accounting equation...

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