The political economy approach notes that contributed to social cohesion or solidarity among social classes because it mitigated class differences a. the welfare state b. the market model c. private health insurance d. neoliberalism Jenna Jeffries started her business baking dog treats by investing cash of $1,000. During May, its first month of operations, Jenna's Barkery had revenues of $3,000, all of which were collected in cash. She paid her assistant $1,000 in cash and purchased $200 of supplies on account. The business paid cash dividends of $500. Use the following tabular analysis to determine how Jenna will record the payment to her employee. a. Increase Accounts Payable $1,000 and decrease Expenses $1,000. b. Decrease Cash $1,000 and increase Expenses $1,000. c. Decrease Cash $1,000 and decrease Expenses $1,000. d. Increase Accounts Payable $1,000 and decreases Cash $1,000