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Jeffries's Pool Repairs began operations on June 1 and had the following transaction during the...

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Accounting

Jeffries's Pool Repairs began operations on June 1 and had the following transaction during the first month. Choose the correct accounts that are affected by the transaction and whether those accounts are being increased or decreased.
Jeffries paid for the supplies previously purchased on account, $2,740.
$91,000 increase
$59,000 decrease
$91,000 decrease
$75,000 increase

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