Zetom Company receives a bill from one of its suppliers for services received and will pay the supplier next month. How does the receipt of the bill from the supplier affect the accounting equation of Zetom?
A) assets and liabilities increase
B) assets and equity decrease
C) liabilities and equity increase
D) liabilities increase and equity decreases
Explanation: the liabilities increase because the supplier will be paid in the next month. The decrease in equity is a result of the expenditure inquired for the services the company gas received from the supplier
