Lisa Jeffries started her business baking dog treats by investing cash of $1090 and during May, its first month of operations, Lisa's Barkery had revenues of $3040 all of which was collected in cash. She paid her assistant $1140 in cash and purchased $250 of supplies on account. The business paid cash dividends of $400. Use the following tabular analysis to determine how Jenna will record the payment to her employee.

		Assets			=	Liabilities	+	Stockholders' Equity
										Retained Earnings
		Cash	+	Supplies	=	Accounts Payable	+	Common Stock	+	Revenue	-	Expenses	-	Dividends
Beg. Bal.		1090						1090

Increase Accounts Payable $1090 and decrease Expenses $1090.

Increase Accounts Payable $1090 and decreases Cash $1090.

Decrease Cash $1140 and decrease Expenses $1140.

Decrease Cash $1140 and increase Expenses $1140.