Question: QUESTION ANSWER Assets decrease and Liabilities decreases. Williams Travel Service pays $ 1 0 0 cash for salaries expense. How would this transaction affect the

QUESTION
ANSWER
Assets decrease and Liabilities decreases.
Williams Travel Service pays $100 cash for salaries expense.
How would this transaction affect the accounting equation?
Assets decrease and Equity increases.
Assets decrease and Liabilities increase.
Assets decrease and Equity decreases.
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QUESTION ANSWER Assets decrease and Liabilities decreases. Williams Travel Service pays

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