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If total liabilities decreased by $26,000 and stockholders' equity increased by $4,500 during a period of time, then total assets must change by what amount
If total liabilities decreased by $26,000 and stockholders' equity increased by $4,500 during a period of time, then total assets must change by what amount and direction during the same time period?
$30,500 increase.
$21,500 decrease.
$21,500 increase.
$30,500 decrease.
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