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06-03-2024
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Paid salaries for the current month would result in what change for assets, liabilities, and owner's equity?
a. Assets: Decrease; Liabilities: Increase; Owner's Equity: Decrease
b. Assets: Decrease; Liabilities: Decrease; Owner's Equity: Increase
c. Assets: No change; Liabilities: Increase; Owner's Equity: Decrease
d. Assets: Decrease; Liabilities: No change; Owner's Equity: Decrease

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