if total liabilities decreased by 31100 and owner's equity decreased by 19500 during a period of time, then total assets must change by what amount
if total liabilities decreased by 31100 and owner's equity decreased by 19500 during a period of time, then total assets must change by what amount and direction during that same period?
a. 50600 increase
b. 11600 increase
c. 50600 decrease
d. 11600 decrease
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Authors: Jessica A Ritter
3rd Edition
179354087X, 9781793540874
