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During February, assets increased by $88,000 and liabilities increased by $25,000. Equity must have A. decreased by $113,000. B. increased by $113,000. C. increased by

During February, assets increased by $88,000 and liabilities increased by $25,000. Equity must have

A.

decreased by

$113,000.

B.

increased by

$113,000.

C.

increased by

$63,000.

D.

decreased by

$63,000.

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Question

During February, assets increased by $88,000 and liabilities increased by $25,000. Equity must have A. decreased by $113,000. B. increased by $113,000. C. increased by

During February, assets increased by $88,000 and liabilities increased by $25,000. Equity must have A. decreased by $113,000. B. increased by $113,000. C. increased by $63,000. D. decreased by $63,000.

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During February, assets increased by $88,000 and liabilities increased by $25,000. Equity must have

A.

decreased by

$113,000.

B.

increased by

$113,000.

C.

increased by

$63,000.

D.

decreased by

$63,000.