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15. During 2010, Sultan Company's assets decreased $50,000 and its liabilities decreased $90,000. Its owner's equity therefore: a. increased $40,000. b. decreased $140,000. c. decreased
15. During 2010, Sultan Company's assets decreased $50,000 and its liabilities decreased $90,000. Its owner's equity therefore: a. increased $40,000. b. decreased $140,000. c. decreased $40,000. d. increased $140,000
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Effective Auditing For Corporates Ensuring That All The Risks Are Covered
Authors: Bloomsbury, Joe Oringel
1st Edition
1849300445, 978-1849300445
