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One of the local fast-food outlets hired a first-year accounting student to oversee the cash-collection procedures. When the business pays the student her accrued weekly
One of the local fast-food outlets hired a first-year accounting student to oversee the cash-collection procedures. When the business pays the student her accrued weekly wages, the transaction will A) increase an asset, increase a liability B) decrease an asset, decrease a liability C) increase an asset, increase owner's equity D) decrease an asset, decrease owner's equity Select one
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