The Payment of Salaries to Employees for Wages of the Current

question 63

Multiple Choice

The payment of salaries to employees for wages of the current period would:

• A)increase owner's equity and decrease liabilities.
• B)increase net income and decrease assets.
• C)decrease assets and owner's equity.
• D)increase assets and decrease owner's equity.

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Definitions:

Genes

Units of heredity made up of DNA that carry genetic information and are responsible for the inherited characteristics of organisms.

Genetic Changes

Alterations in the DNA sequence of an organism's genome, which can occur naturally or be induced artificially.

Population

A group of individuals of the same species living and interbreeding within a given area.

Heritability

The proportion of observed variation in a particular trait among individuals of a population that can be attributed to inherited genetic factors.