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White raven [17]
3 years ago
8

Johna's Plant Nursery Company pays the salaries of its two employees. How will this transaction affect the accounting equation?

Select all that apply.
Expenses will be decreased.Equity will be increased.Equity will be decreased.Salaries expense will be increased.
Business
1 answer:
Dvinal [7]3 years ago
8 0

Answer:

Equity will be decreased.

Salaries expense will be increased.

Explanation:

As paid salaries are an expense, the total amount of <em>salaries expense</em> will certainly increase (no matter if it is paid or not). Since salaries expense is not a balance sheet item, it has to be represented through an item in it. Equity  will be decreased through the decrease of retained earnings (equity item), which is the result of increased expenses.

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vampirchik [111]

Answer: Problem Solving Team

Explanation: Problem solving is the process of identifying a problem, evaluating the problem and determining alternatives ti its solution.

problem solving has 5 steps ate they are:

1. identify the problem

2. Analyse the problem and seek for solution

3.  evaluate and pick a solution

4. Implement solution

5. follow up

According to the question above, the group of employees formed to take quick action on the problem of Granitia Inc is called the problem solving group

5 0
4 years ago
Which of the following individuals is defined as an "agent" under the Uniform Securities Act? I An individual who represents a b
Charra [1.4K]

Answer:

I think it would be the first one to be honest

3 0
3 years ago
David Desgro hired Paul Pack to inspect a house that Desgro wanted to buy. Pack had Desgro sign a standard-form contract that in
harkovskaia [24]

Answer:

Desgro’s complaint was filed too late. With this being stated, the suit would be dismissed because the contract explicitly states that complaints have to be within the 12 month timespan.

Explanation:

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8 0
4 years ago
Which of the following is NOT true? (Present values are calculated from the end of the life of the option to the beginning.) A.
galina1969 [7]

Answer:

A.An American put option is always worth less than the present value of the strike price

Explanation:

Put option refers to a stock market instrument which gives the holder an option to sell an asset at an agreed price on or before a particular date.

Each contract covers around 100 shares for stock options.

An American call option provides the holder with the right to purchase an asset, while a put option provides the holder an option to sell it.

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An American put option is always worth less than the present value of the strike price.

So, option A. is correct

6 0
3 years ago
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ipn [44]

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