The Payment of Employee Salaries Has What Effect on the Accounting

question 115

Multiple Choice

The payment of employee salaries has what effect on the accounting equation?

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

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Definitions:

Inductive Argument

An argument that only claims that its conclusion probably follows from the premise.

Definitional Premise

A premise containing the definition of a key term.

Analogies

Comparisons between two things, typically for the purpose of explanation or clarification.

Valid Deductive Argument

A form of reasoning where if the premises are true, the conclusion must also be true.