February 2007
Intermediate to advanced
288 pages
6h 32m
English
You hired an employee and paid him $15 in cash. As a result, your cash balance was reduced by $15, and retained earnings were decreased by $15.
| Debits | Credits | |
|---|---|---|
| SG&A (SE): | $15 | |
| Cash (A): | $15 |
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