ABC Company pays $$25,000$ ?in cash wages to its employees.

The transactions effect on the accounting equation is:

decrease CASH and increase WAGE EXPENSE

Consider the following transaction:

ABC Company pays $$15,000$ ?cash for supplies.

In addition to a decrease in the asset cash, how else is the expanded accounting equation impacted by this transaction?

increase in another non$-$cash asset

increase in liabilities

increase in common stock

increase in revenues

increase in expenses

increase in dividendso