The effect of the payment of liability is that it
...The effect of the payment of liability is that it
Increase both assets and liabilities
Increase assets and decrease liabilities
Decrease assets and increase liabilities
Decrease both assets and liabilities
Correct answer is D
No explanation has been provided for this answer.
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Which of the following is accounted for in receipts and payments account? ...
The chief accounting officer of Nigeria is called the ...