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Question 7 Which of the options below illustrates how the following transaction will affect...

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Accounting

Question 7
Which of the options below illustrates how the following transaction will affect the various accounting equation categories:
'Employees worked during the current period but will not be paid until the next accounting period.'
means increase
means decrease
\table[[,Assets,Liabilities,\table[[Stockholders'],[Equity]],Revenue,Expenses,Net Income],[Option 1,+,,+,,,],[Option 2,+,,+,+,,+],[Option 3,,+,-,,+,-],[Option 4,,+,-,,-,]]
Option 1
Option 2
Option 4
Option 3
image

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