Question
On January 1, 2019, total assets for Wininger Technologies were $136,000; on December 31, 2019, total assets were $157,000. On January 1, 2019, total liabilities
On January 1, 2019, total assets for Wininger Technologies were $136,000; on December 31, 2019, total assets were $157,000. On January 1, 2019, total liabilities were $110,000; on December 31, 2019, total liabilities were $118,000. What is the amount of the change and the direction of the change in Wininger Technologies' stockholders' equity for 2019?
A.
increase of $29,000
B.
decrease of $13,000
C.
decrease of $29,000
D.
increase of $13,000
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GLP Quality Audit Manual
Authors: Milton A. Anderson
3rd Edition
0367398435, 978-0367398439
