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Which of the following best reflects the impact of a transaction where $37,000 of accrued wages are paid to employees in cash? Stockholders Equity decreases

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Which of the following best reflects the impact of a transaction where $37,000 of accrued wages are paid to employees in cash? Stockholders Equity decreases $37,000 Assets decreases $37,000 and Stockholders' Equity decreases $37,000 Assets increases $37000 and Stockholders' Equity increases $37,000 Assets decreases $37.000 Liabilities decreases $37.000 and Stockholders' Equity increases $37,000 Assets decreases $37.000 and Liabilities decreases $37,000

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