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Homework: Chapter 1 Assignment Save Score: 0 of 2 pts 11 of 25 (10 complete) HW Score: 25.86%, 15 of 58 pts E1-22 (similar to)
Homework: Chapter 1 Assignment Save Score: 0 of 2 pts 11 of 25 (10 complete) HW Score: 25.86%, 15 of 58 pts E1-22 (similar to) Question Help 0 Bob Auto Repairs started 2018 with total assets of $25,000 and total liabilities of $6,000. At the end of 2018, Bob's total assets stood at $31,000 and total liabilities were $2,000. Requirements 1. Did the owner's equity of Bob Auto Repairs increase or decrease during 2018? By how much? 2. Identify the four possible reasons that owner's equity can change. Requirement 1. Did the owner's equity of Bob Auto Repairs increase decrease during 2018? By how much? The owner's equity during the year by $ Choose from any list or enter any number in the input fields and then click Check Answer. ? part remaining Clear All Check Answer Previous Next
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