Remember that expenses decrease equity.
{"Image DocumentName": "Remember that expenses decrease equity.", "Image ImageDescription": "Transaction Analysis. A2. Paid salaries of  800 to employees. How did you do? You got the decrease in the cash account, but did you remember to show the increase in expenses as a decrease in total equity. Our expanded equation is getting to look more and more complicated. Don\u2019t worry, practice will help you fully understand the recording of these and similar transactions. Our books are still in balance. Remember that expenses decrease equity.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}