Using the notion that the accounting equation (Assets = Liabilities + Stockholders' Equity)must remain in balance,indicate whether each of the following transactions is possible.
(a)Cash decreases;Accounts Payable decreases.
(b)Salaries Expense increases;Salaries Payable decreases.
(c)Accounts Receivable decreases;Service Revenue increases.

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The Answer of Using the notion that the accounting equation (Assets = Liabilities + Stockholders' Equity)must remain in balance,indicate whether each of the following transactions is possible.
(a)Cash decreases;Accounts Payable decreases.
(b)Salaries Expense increases;Salaries Payable decreases.
(c)Accounts Receivable decreases;Service Revenue increases.

Using the Notion That the Accounting Equation (Assets = Liabilities