Question
If during the year total assets increase by $83,000 and total liabilities decrease by $20,000 by how much did the owner's equity increase/decrease? A. $63,00
If during the year total assets increase by $83,000 and total liabilities decrease by $20,000 by how much did the owner's equity increase/decrease?
A. $63,00 decrease
B. $103,000 increase
C. $83000 increase
D. $103,000 decrease
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Financial Accounting Reporting And Analysis
Authors: Jennifer Maynard
2nd Edition
0198745311, 9780198745310
