Accountancy, asked by rv4863216, 3 months ago

if payment is made to a creditor, indicate how accounting equation will be affected ?

Answers

Answered by Anonymous

Explanation:

If payment is made to a creditor then cash or bank will be deducted from assets side and creditor will be deducted from liability side in accounting equation.

Answered by Braɪnlyємρєяσя

If payment is made to a creditor then cash or bank will be deducted from assets side and creditor will be deducted from liability side in accounting equation. ...

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if payment is made to a creditor, indicate how accounting equation will be affected ? ​

Answers

If payment is made to a creditor then cash or bank will be deducted from assets side and creditor will be deducted from liability side in accounting equation. ...

if payment is made to a creditor, indicate how accounting equation will be affected ?