Which Is One Effect of the Following Journal Entry

question 4

Multiple Choice

Which is one effect of the following journal entry?

• A)Decreases liabilities
• B)Increases equity
• C)Increases liabilities
• D)Decreases assets

---

Definitions:

Observe Behavior

The act of carefully watching and analyzing actions and reactions in a systematic manner.

Socialization Process

The lifelong process through which individuals acquire the norms, values, behaviors, and social skills appropriate to their society.

Recognition Rewards

Systems or programs implemented to acknowledge and reward employees' achievements and contributions.

Role Models

Individuals admired for their ways of being or behaviors, who serve as examples for others to imitate.