Question
Sunlight, Inc. had the following assets and liabilities as of September 30, 2016: Assets $60,600 Liabilities $27,500 If assets increased by $4,350 and equity increased
Sunlight, Inc. had the following assets and liabilities as of September 30, 2016:
| Assets | $60,600 | |
| Liabilities | $27,500 |
If assets increased by $4,350 and equity increased by $2,900 during October, what is the increase or decrease in liabilities of Sunlight as of October 31, 2016?
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Compliance Audits And Plans For Healthcare
Authors: Cherilyn G. Murer, Michael A. Murer, Lyndean Lenhoff Brick, Healthcare Financial Management Association (U. S.)
1st Edition
0070444625, 978-0070444621
