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2. World-wide Financial Services, Inc. invested $27,000 to acquire 4000 shares of Dawn Investments, Inc. on March 15, 2016. This investment represents less than 20%
2. World-wide Financial Services, Inc. invested $27,000 to acquire 4000 shares of Dawn Investments, Inc. on March 15, 2016. This investment represents less than 20% of the investee's voting stock. On May 7, 2019, World-wide Financial Services, Inc. sells 2500 shares for $14,250. In the accounting equation on May 7, 2019, ________.
total liabilities will decrease | ||
total equity will decrease | ||
total assets will increase | ||
total assets will remain unchanged |
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