It is the year end, but not the pay period end. How will this affect the balance sheet?   A. Assets will...

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It is the year end, but not the pay period end. How will this affect the balance sheet?

A. Assets will be increased.
 
B. Liabilities will be increased.
 
C. Owner's equity will be increased.
 
D. This has no effect on the period end balance sheet.
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