How wil this transaction affect the accounting equation

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Reference no: EM13144213

gomez service company paid their first installment on their notes payable in the amount of 2,000. how wil this transaction affect the accounting equation?

Reference no: EM13144213

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How wil this transaction affect the accounting equation : gomez service company paid their first installment on their notes payable in the amount of 2,000. how wil this transaction affect the accounting equation?
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