\begin{tabular}{l|l} \hline Question 10 & For the following transaction, identify the type of change that would have occurred to \\ Not yet saved & the basic accounting equation \\ Marked out of & A new CEO was appointed to commence work next month on a salary of \\ 1.00 & $500,000 per annum. \\ P Flag question & \end{tabular} a. An asset decreased and an expense increased b. This had no effect on the accounting equation c. An asset increased and revenue increased d. A liability increased and another liability decreased