What Effect Does the Payment of Employee Salaries Have on the Accounting

question 228

Multiple Choice

What effect does the payment of employee salaries have on the accounting equation?

• A) Assets and shareholders' equity decrease.
• B) Liabilities and shareholders' equity decrease.
• C) Assets decrease and liabilities increase.
• D) Assets increase and liabilities decrease.

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Definitions:

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Acquired Immunodeficiency Syndrome

A disease impacting the human immune system caused by the HIV virus, leading to decreased resistance to other diseases and infections.

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The significance, definition, or purpose of something, especially in language and communication.

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A blood test that measures the percentage of red blood cells in a given volume of whole blood.