Get the information you need with the help of IDNLearn.com's extensive Q&A platform. Discover comprehensive answers from knowledgeable members of our community, covering a wide range of topics to meet all your informational needs.

Which account gets affected when the business pays $40,000 of salaries?
a. Cashflow Statement - Operating Activities: decreased by $40,000
b. Balance Sheet - Current Assets: increased by $40,000
c. Income Statement - Revenue: increased by $40,000
d. Balance Sheet - Current Liabilities: decreased by $40,000