Multiple Choice
Vincent and Paula Farelli have decided to pay off their $875 MasterCard debt by taking $875 out of their money market savings account.This transaction will
A) increase their net worth on their balance sheet.
B) not change their net worth on their balance sheet.
C) decrease the surplus on their income and expense statement.
D) not change the surplus on their income and expense statement.
Correct Answer:
Verified
Correct Answer:
Verified
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