Question
Use the basic accounting equation to answer the following: If Brown Company's total assets increased by $35,000 during the year, and its total liabilities decreased
Use the basic accounting equation to answer the following:
If Brown Company's total assets increased by $35,000 during the year, and its total liabilities decreased during the same year by $5,000, what was the change in the company's total stockholders' equity?
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Internet Fraud Casebook
Authors: Joseph T. Wells
1st Edition
0470643633, 9780470643631
