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If Total Liabilities Increased By ¥21,000¥ 21,000 During a Period of Time and Equity Decreased By

Question 127

Multiple Choice

If total liabilities increased by ¥21,000¥ 21,000 during a period of time and equity decreased by ¥9,000¥ 9,000 during the same period, then the amount and direction of the period's change in total assets is a(n)


A) ¥21,000¥ 21,000 increase.
B) ¥730,000¥ 730,000 increase.
C) ¥12,000¥ 12,000 decrease.
D) ¥12,000¥ 12,000 increase.

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