What will be the effect on accounting equation which payment is-12787
What will be the effect on accounting equation, which payment is made to the creditor of the business?
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Final Term - Quiz No.7.
What will be the effect on accounting equation, which payment is made to the creditor of the business?
Decrease in an asset ,decrease in liability
Increase in asset,increase in liability
Increase in asset ,increase in owner equity