Multiple Choice
If total liabilities increased by ¥26,000 during a period of time and equity decreased by ¥9,000 during the same period, then the amount and direction of the period's change in total assets is a(n)
A) ¥26,000 increase.
B) ¥35,000 increase.
C) ¥17,000 decrease.
D) ¥17,000 increase.
Correct Answer:
Verified
Correct Answer:
Verified
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