Multiple Choice
If total liabilities decreased by ¥30,000 and equity increased by ¥10,000 during a period of time, then total assets must change by what amount and direction during that same period?
A) ¥40,000 increase
B) ¥20,000 decrease
C) ¥20,000 increase
D) ¥30,000 decrease
Correct Answer:
Verified
Correct Answer:
Verified
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