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If the assets of a business increased by $50,000 during the year and liabilities decreased by $40,000 during the same period, how much did
If the assets of a business increased by $50,000 during the year and liabilities decreased by $40,000 during the same period, how much did owner's equity change? Select one OA $10,000 OB. $90,000 OC. $50,000 OD. $40,000
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Accounting Information Systems
Authors: Vernon Richardson, Chengyee Chang
1st edition
78025494, 978-0078025495
