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Mrs. Withms, the owner, records this week's salary expense for her only employee, $1,500. However, the amount will not actually be paid to the employee

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Mrs. Withms, the owner, records this week's salary expense for her only employee, $1,500. However, the amount will not actually be paid to the employee until the first of next month. Required: What is the effect of this transaction on individual asset accounts, individual ability accounts, and the Owner'sEcouty account? Check all that apply. An asset account increases A bability account increases An asset account decreases A liability account decreases Owner's Equity decreases Owner's Equity increases

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