In Accounting Equation salaries paid to employees will be recorded as.
A. Decrease in cash and decrease in capital
B. Decrease in cash and increase in expense
C. Decrease in cash and increase in liability
D. Increase in cash and increase in capital
Answer:A
In Accounting Equation salaries paid to employees will be recorded as.
A. Decrease in cash and decrease in capital B. Decrease in cash and increase in expense C. Decrease in cash and increase in liability D. Increase in cash and increase in capital