Accountancy, asked by rv4863216, 4 months ago

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

Answers

Answered by venkatsaiteja022

Explanation:

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