Multiple Choice
If the assets of a business increased $9,000 during a period of time and its liabilities increased $5,000 during the same period,equity in the business must have:
A) Increased $14,000.
B) Decreased $14,000.
C) Increased $4,000.
D) Decreased $4,000.
E) Decreased $6,000.
Correct Answer:
Verified
Correct Answer:
Verified
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