cash paid to creditors is recorded in accounting equation as ______
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Answer:
Transactions | Asset = Liabilities + Capital
| ₹ ₹ ₹
_____________|____________________
Cash paid to | - 2000 = - 2000 + 0
creditors |
(let's say 2000) |
_____________|____________________
New Equation | - 2000 = - 2000 + 0
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