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2. A company paid employee wages of $48,000 for the month. What would the effect of this transaction on the current month's accounting equation? A)

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2. A company paid employee wages of $48,000 for the month. What would the effect of this transaction on the current month's accounting equation? A) No effect on Assets; $48,000 decrease in Liabilities; $48,000 increase in Stockholders' B) $48,000 increase in Assets; $48,000 increase in' Liabilities; No effect on Stockholders C) $48,000 decrease in Assets; No effect on Liabilities; $48,000 decrease in Stockholders D) $48,000 decrease in Assets; $48,000 decrease in Liabilities; No effect on Stockholders 000.bbl2 000,0012 ( Equity Equity Equity Equity 000,012 000.0

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