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Business, 20.09.2019 16:20 ejhoff9713

On june 1, banner corporation purchased an estimated four months’ worth of office supplies on account from acme office equipment for $3,200. what effect would this transaction have on banner’s books? a : it would increase the asset supplies by $3,200 and increase the liability accounts payable by $3,200. b : it would increase the asset supplies by $3,200 and decrease the liability accounts payable by $3,200. c : it would decrease the asset supplies by $3,200 and increase the liability accounts payable by $3,200. d : it would decrease the asset supplies by $3,200 and decrease the liability accounts payable by $3,200.

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