Which Type of Account Is Decreased When a Company Pays

question 21

Multiple Choice

Which type of account is decreased when a company pays its employees with cash?

• A)A prepaid asset
• B)A liability
• C)An asset
• D)Owners' equity

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Definitions:

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The process of watching films over the internet without downloading them, provided by various online platforms.

Movie Tickets

Small documents or electronic codes that grant the holder access to view a film in a cinema.

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A period of economic improvement characterized by higher levels of production, employment, and income.

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