Multiple Choice
On January 1,2015,total assets for Wininger Technologies were $135,000; on December 31,2015,total assets were $155,000.On January 1,2015,total liabilities were $110,000; on December 31,2015,total liabilities were $115,000.What is the amount of the change and the direction of the change in Wininger Technologies' stockholders' equity for 2015?
A) Decrease of $15,000
B) Increase of $15,000
C) Increase of $30,000
D) Decrease of $30,000
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Which of the following statements is TRUE
Q19: Which type of business organization transacts the
Q20: On the Statement of Cash Flows,the ending
Q21: After preparing the Balance Sheet,the next statement
Q22: Lorna Company has the following account balances
Q26: Which is the CORRECT order for items
Q27: In making global business decisions,complications include:<br>A)what is
Q55: The current portion of a long-term note
Q81: The CORRECT data flow from one financial
Q148: The accounting assumption that states that the