Solution-The liabilities of a company increased

The liabilities of a company increased

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If the liabilities of a company increased $101,000 during a period of time and equity in the business decreased $45,000 during the same period, did the assets of the company increase or decrease? By what amount?

Reference no: EM13701722

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The liabilities of a company increased : If the liabilities of a company increased $101,000 during a period of time and equity in the business decreased $45,000 during the same period, did the assets of the company increase or decrease? By what amount?

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The liabilities of a company increased

Reference no: EM13701722

Reference no: EM13701722

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