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please, I need answer ASAP! If total assets decreased by $52,361 during a period of time and stockholders' equity increased by $28,194 during the same
please, I need answer ASAP!
If total assets decreased by $52,361 during a period of time and stockholders' equity increased by $28,194 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is Oa. $20,934 increase Ob. $80,555 decrease Oc. $80,555 increase Od. $52.361 decreaseStep by Step Solution
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Accounting Business Reporting For Decision Making
Authors: Jacqueline Birt, Keryn Chalmers, Suzanne Maloney, Albie Brooks, Judy Oliver, David Bond
7th Edition
0730369323, 9780730369325
