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09-06-2021
Business

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g If total liabilities decreased by $46,000 during a period of time and stockholders' equity increased by $60,000 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is a

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ewomazinoade ewomazinoade

10-06-2021

Answer:

$14,000

increase

Explanation:

Assets - liabilities = stockholders equity

Asset - (-46,000) = +60,000

Asset + 46,000 = +60,000

Assets = 60,000 - 46,000 = +14,000

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