Multiple Choice
If total liabilities decreased by ¥35,000 and equity decreased by ¥10,000 during a period of time, then total assets must change by what amount and direction during that same period?
A) ¥45,000 increase
B) ¥25,000 increase
C) ¥45,000 decrease
D) ¥25,000 decrease
Correct Answer:
Verified
Correct Answer:
Verified
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