Bliss Company Settles a Liability by Making a Payment in Cash.How

question 145

Multiple Choice

Bliss Company settles a liability by making a payment in cash.How does paying this liability affect the accounting equation of the business?

• A)assets and liabilities decrease
• B)liabilities decrease and equity increases
• C)assets and liabilities increase
• D)assets increase and equity decreases

---

Definitions:

Body Dissatisfaction

A negative perception and critical evaluation of one's own body size, shape, or appearance, often leading to emotional distress or unhealthy behaviors.

Sexual Content

Material or media that depicts sexual behavior or themes.

Mainstream Media

The dominant or most widely accepted and consumed forms of media, including television, newspapers, and radio, which significantly influence public opinion and popular culture.

Sexual Desire

A person's urge or inclination to engage in sexual activity.