Based on the fact that Aster Inc. paid salaries to its employees, the effect on the balance sheet and the income statement is A. Assets ↓ Expenses ↑.
What are assets and expenses affected?
When the salaries were paid by Aster Inc. to its employees, the effect was that the assets decreased. This is because cash was used to pay the salaries and cash is an asset.
Expenses will increase because when there is a payment of expenses to employees, it is recorded as a debit to the relevant asset account so this is an increase that will decrease income.
Find out more on the effects of expenses at https://brainly.com/question/18958281
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