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Payment of a $500 account payable increases one asset $500; decreases another asset $500. increases...

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Accounting

Payment of a $500 account payable increases one asset $500; decreases another asset $500. increases an asset $500; decreases a liability $500. decreases a liability $500; increases stockholders' equity $500. decreases an asset $500; decreases a liability $500.
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Payment of a $500 account payable increases one asset $500; decreases another asset $500. increases an asset $500; decreases a liability $500. decreases a liability $500; increases stockholders' equity $500. decreases an asset $500; decreases a liability $500

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