Question: For the transaction completed by Highmark, identify the effect on the accounting equation: Paid employee wages for the month. Select one: a . Assets increase

For the transaction completed by Highmark, identify the effect on the accounting equation:
Paid employee wages for the month.
Select one:
a. Assets increase and Liabilities increase
b. Assets increase and Stockholders' Equity increase
c. No effect on the accounting equation
d. Liabilities increase and Stockholders' Equity decrease
e. Assets decrease and Stockholders' Equity decrease
 For the transaction completed by Highmark, identify the effect on the

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