Question
Salam Optical is owned by Ali Salam. Salam Optical paid wages for
optical assistants. Select the transaction description:
a. increases an asset and increases a liability
b. increases an asset and decreases an asset
c. decreases an asset and decreases a liability
d. increases an asset and increases owner's equity
e. decreases an asset and decreases owner's equity
optical assistants. Select the transaction description:
a. increases an asset and increases a liability
b. increases an asset and decreases an asset
c. decreases an asset and decreases a liability
d. increases an asset and increases owner's equity
e. decreases an asset and decreases owner's equity
Answers
GPT 3.5
c. decreases an asset and decreases a liability
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