Multiple Choice
If the assets of a business increased $15,000 during a period of time and its equity decreased $4,000 during the same period,liabilities in the business must have:
A) Increased $11,000
B) Decreased $11,000
C) Increased $19,000
D) Decreased $19,000
E) Increased $61,000
Correct Answer:
Verified
Correct Answer:
Verified
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