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There are two individual Partners who have formed a Partnership back in 2010. They have made no Drawings from their business in either Cash or

There are two individual Partners who have formed a Partnership back in 2010. They have made no Drawings from their business in either Cash or as Inventory. During the current 2024 year they have not contributed any form of additional Capital in either Cash or Land & Buildings. For the Partnership to have made a Net Profit for the 2024 year, the following must have occurred : O a. The total liabilities decreased during the period O b. The total assets increased during the period O C. The total assets were greater than the total liabilities O d. The total assets are greater than the total equity O e. The net assets increased during the period

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