Question
If total liabilities decreased by $ 29800 and stockholders' equity decreased by $ 20000 during a period of time, then total assets must change by
If total liabilities decreased by $29800 and stockholders' equity decreased by $20000 during a period of time, then total assets must change by what amount and direction during that same period?
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
