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Category > Accounting Posted 30 Apr 2017 My Price 2.00

If total liabilities increased by $45,000 and stockholders equity

 

If total liabilities increased by $45,000 and stockholders equity increased by $15,000 during a period of time, then total assets must change by what amount and direction during that same period? $60,000 decrease $90,000 increase $60,000 increase $75,000 increase
 
 

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Alpha Geek
(8)
Status NEW Posted 30 Apr 2017 09:04 AM My Price 2.00

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Attachments

file 1493543946-385641_1_636290860701243942_385641.xlsx preview (70 words )
If----------- to-----------tal----------- li-----------abi-----------lit-----------ies----------- in-----------cre-----------ase-----------d b-----------y $-----------45,-----------000----------- an-----------d s-----------toc-----------kho-----------lde-----------rs -----------equ-----------ity----------- in-----------cre-----------ase-----------d b-----------y $-----------15,-----------000----------- du-----------rin-----------g a----------- pe-----------rio-----------d o-----------f t-----------ime-----------, t-----------hen----------- to-----------tal----------- as-----------set-----------s m-----------ust----------- ch-----------ang-----------e -----------dir-----------ect-----------ion----------- du-----------rin-----------g t-----------hat----------- sa-----------me -----------per-----------iod-----------? $-----------60,-----------000----------- de-----------cre-----------ase----------- $9-----------0,0-----------00 -----------inc-----------rea-----------se -----------$60-----------,00-----------0 i-----------ncr-----------eas-----------e $-----------75,-----------000----------- in-----------cre-----------ase-----------Ass-----------ets----------- ----------- ----------- ----------- ----------- -----------= L-----------iab-----------ili-----------tie-----------s ----------- ----------- + ----------- Eq-----------uit-----------yIn-----------cre-----------ase----------- in----------- Li-----------abi-----------lit-----------ies-----------Add----------- In-----------cre-----------ase----------- in----------- Eq-----------uit-----------yIn-----------cre-----------ase----------- in----------- As-----------set-----------sAn-----------swe-----------r ----------- I-----------ncr-----------eas-----------e $-----------60,-----------000----------- -----------
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