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 and

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 Stockholders' Equity increase b. Assets increase and Liabilities increase c. No effect on the accounting equation d. Assets decrease and Stockholders' Equity decrease e. Liabilities increase and Stockholders' Equity decrease

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