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For each of the transactions in items 1 through 5, indicate the effects on the
accounting equation elements.
5. The company repays the bank loan with cash - The Liability account does the
following:
O Increases
Decreases
O No effect

Respuesta :

the liability account increases

Answer:

Decreases

Explanation:

because when you pay a loan your debt goes down.

and I just did it and got it right

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