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If total liabilities increased by $18,000 and shareholders equity increased by $21,000 during a period of time, then total assets must change by what amount
If total liabilities increased by $18,000 and shareholders equity increased by $21,000 during a period of time, then total assets must change by what amount and direction (increase or decrease) during that same period? A. $18,000 increase B. $21,000 increase C. $39,000 decrease D. $39,000 increase
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Managerial Accounting Principles Of Accounting II
Authors: Eric W. Noreen, Peter C. Brewer, Ray H. Garrison
6th Edition
0077681258, 978-0077681258
