Question: options are decrease, increase, or no effect Presented below is a list of possible transactions. Analyze the effect of the 18 transactions on the financial

options are decrease, increase, or no effect  options are decrease, increase, or no effect Presented below is a
list of possible transactions. Analyze the effect of the 18 transactions on
the financial statement categories indicated. Textbook and Media Attempts: 0 of 3

Presented below is a list of possible transactions. Analyze the effect of the 18 transactions on the financial statement categories indicated. Textbook and Media Attempts: 0 of 3 used 7. Recorded wage expense of $35,000. The cash paid was $25,000; the difference was due to various amounts withheld. 8. Recorded employer's payroll taves. 9. Accrued accumulated vacation pay. 10. Recorded bonuses due to employees. 11. Sold gift cards totaling $7,000. 12. Recorded a contingent loss on a lawsuit that the company will probably lose. 13. Moorued watranty expense 14. Paid warranty costs that wore acouved in item 13 Abom

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