Photometer company paid off 30000 of its accounts payable

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Photometer Company paid off $30,000 of its accounts payable in cash. What would be the effects of this transaction on the accounting equation?

Reference no: EM13604928

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Photometer company paid off 30000 of its accounts payable : photometer company paid off 30000 of its accounts payable in cash. what would be the effects of this transaction on the

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