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Accounting Homework Help

Accounting Homework Help

When a supplier makes a downward adjustment in the amount owedby a creditor, the creditor will:

   

reduce the amount of the account payable to the supplier, anddecrease an asset such as inventory.

   

increase the amount of the account payable to the supplier, anddecrease an asset such as inventory.

   

reduce the amount of the account payable to the supplier, andincrease cash.

   

reduce the amount of the account payable to the supplier, anddecrease cash.

Pending
Other / Other
16 Oct 2017
Due Date: 16 Oct 2017

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