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If total assets decreased by $50,056 during a period of time and stockholders' equity increased by $29,167 during the same period, then the amount
If total assets decreased by $50,056 during a period of time and stockholders' equity increased by $29,167 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is Oa. $79,223 decrease Ob. $79.223 increase Oc. $23,019 increase C. Od. $50,056 decrease
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
5th Canadian edition
9781259105692, 978-1259103285
