Total liabilities decreased by $$42,000$ during a period of time and stockholders' equity increased by $$18,000$ during the same period, then the amount and direction $($increase or decrease$)$ of the period's change in total assets is a$($n$)$

Select one:

a$.$ $$42,000$ increase

b$.$ $$60,000$ increase

c$.$ $$24,000$ decrease

d$.$ $$24,000$ increase

During the year, a firm reported an decrease in liabilities of $$34,700.$ For the year, revenues were $$131,800,$ expenses were $$196,700,$ and dividends were $$73,000.$ During the year, $$17,000$ in common stock was issued. No other equity transactions occurred. What was the decrease in assets for the year?

a$.$ $$43,600$

b$.$ $$173,400$

c$.$ $$155,600$

d$.$ $$25,800$

e$.$ $$86,200$

If Accounts Payable has debit postings of $$29,000,$ credit postings of $$22,000,$ and a normal ending balance of $$24,000,$ what was the beginning balance?

Select one:

a$.$ $$31,000$ Debit

b$.$ $$17,000$ Debit

c$.$ $$17,000$ Credit

d$.$ $$31,000$ Credit

e$.$ $$27,000$ Credit