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On March 1 5 , Civic Company paid its employees for two weeks wages. This transaction will have which of the following impacts on the
On March Civic Company paid its employees for two weeks wages. This transaction will have which of the following impacts on the accounting equation?
a Assets will increase and liabilities will decrease.
b Assets will decrease and stockholders equity will increase.
c Assets will increase and liabilities will increase.
d Assets will decrease and stockholders equity will decrease.
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