Multiple Choice
If total liabilities decreased by $4,000, then
A) stockholders' equity must have decreased by $4,000.
B) assets must have decreased by $4,000, or stockholders' equity must have increased by $4,000.
C) assets and stockholders' equity each increased by $2,000.
D) assets must have increased by $4,000.
Correct Answer:
Verified
Correct Answer:
Verified
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