10.If total liabilities decreased by $23,767 during a period of time and stockholders' equity increased by $31,939 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is a

a.$23,767 increase

b.$23,767 decrease

c.$8,172 decrease

d.$8,172 increase

11.The chart of accounts for the Miguel Company includes the following:

Account Name Account Number

Cash11

Accounts Receivable 13

Prepaid Insurance 15

Accounts Payable 21

Unearned Revenue 24

Common Stock 31

Dividends 32

Fees Earned 41

Salaries Expense 54

Rent Expense 56

Page 5 of the journal contains the following transaction:

Description Post. Ref. Debit Credit

Salaries Expense 525

Cash 525

1. What is the posting reference that will be found in the salaries expense account?
2. a.11
3. b.21
4. c.5
5. d.54