Question
if the liabilities of a company increased 78,000 during a period of time and equity in the company decreased 21,000 during the same time period,
if the liabilities of a company increased 78,000 during a period of time and equity in the company decreased 21,000 during the same time period, what was the effect on the assets?
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
