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Following Is the Balance Sheet for Abbot Box Company,Inc

question 137

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Following is the balance sheet for Abbot Box Company,Inc.: Following is the balance sheet for Abbot Box Company,Inc.:    If the balance in the Cash account were used to pay part of Accounts Payable,then total liabilities and stockholders' equity would A)  decrease by $8,000. B)  increase by $8,000. C)  increase by $16,000. D)  decrease by $16,000.
If the balance in the Cash account were used to pay part of Accounts Payable,then total liabilities and stockholders' equity would


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