A company pays $1,300 on account for supplies previously purchased on account.Indicate the amount of increases and decreases in the accounting equation.

Name: A company pays $1,300 on account for supplies previously purchased on account.Indicate the amount of increases and decreases in the accounting equation.
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The Answer of A company pays $1,300 on account for supplies previously purchased on account.Indicate the amount of increases and decreases in the accounting equation.

A Company Pays $1,300 on Account for Supplies Previously Purchased