If total liabilities increased by $15 000 and equity decreased by $10 000 over a period,...
If total liabilities increased by $15 000 and equity decreased by $10 000 over a period, then total assets must have changed by?
A. 5000 increase B. 25000 Increase C. 15000 Increase D. 5000 decrease
Homework Answers
Solution:
If total liabilities increased by $15 000 and equity decreased by $10 000 over a period, then total assets must have changed by = Increase in liabilities - Decrease in equity = $15,000 - $10,000 = $5,000 increase
Hence option A is correct.
Add Answer to:
If total liabilities increased by $15 000 and equity decreased
by $10 000 over a period,...
If total liabilities decreased by $100000 and stockholders' equity decreased by $25000 during a period of...
If total liabilities decreased by $100000 and stockholders' equity decreased by $25000 during a period of time, then total assets must change by what amount and direction during that same period? $75000 increase $125000 increase $75000 decrease $125000 decrease
If total liabilities decreased by ¥45,000 and equity decreased by ¥10,000 during a period of time,...
If total liabilities decreased by ¥45,000 and equity decreased by ¥10,000 during a period of time, then total assets must change by what amount and direction during that same period? ¥55,000 decrease O ¥35,000 decrease O X55,000 increase O X35,000 increase
If total assets decreased by $48,048 during a period of time and stockholders' equity increased by...
If total assets decreased by $48,048 during a period of time and stockholders' equity increased by $27,412 during the same period, then the amount and direction (Increase or decrease) of the period's change in total liabilities is a $23,326 increase Ob. $75,460 Increase Oc. $48,048 decrease Od. $75,460 decrease Previous Next >
A company's total liabilities decreased by $135000 and its stockholders' equity decreased by $31500 during a...
A company's total liabilities decreased by $135000 and its stockholders' equity decreased by $31500 during a period of time. By what amount and in what direction must the company's totales have changed during that same period? $166500 increase $109500 decrease $166500 decrease $103500 increase
If total liabilities increased by $93000 and stockholders' equity increased by $49000 during a period of...
If total liabilities increased by $93000 and stockholders' equity increased by $49000 during a period of time, then total assets must change by what amount and direction during that same period? $240000 increase O $142000 increase O $191000 increase $142000 decrease
Practice Question 38 If total liabilities decreased by $15,000 and stockholders' equity increased by $5,000 during...
Practice Question 38 If total liabilities decreased by $15,000 and stockholders' equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? $15,000 decrease $10,000 increase $20,000 increase $10,000 decrease Click if you would like to show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE POR LATER SUBMIT ANSWER
please need help with this thank you Question 9 10 pts If total liabilities decreased by...
please need help with this thank you
Question 9 10 pts If total liabilities decreased by $50,000 and stockholders' equity increased by $20,000 during a period of time, then total assets must change by what amount and direction during that same period? $30,000 increase O $60.000 decrease $30,000 decrease $70,000 decrease
If total liabilities decreased by $100,000 and total assets decreased by $180,000 during the same accounting...
If total liabilities decreased by $100,000 and total assets decreased by $180,000 during the same accounting time period, what happened to total owners' equity during this period? A. $180,000 increase B. $180,000 decrease C. $80,000 increase D. $80,000 decrease
1. If total assets increased by $175,000 during a specific period and liabilities decreased by $10,000...
1. If total assets increased by $175,000 during a specific period and liabilities decreased by $10,000 during the same period, the period's change in total owner's equity was a $185,000 increase. True or False 2. Drawings are an example of an expense. True or False
The total liabilities of Wildhorse Co. decreased by $85000 during the month of August 2022. Stockholders'...
The total liabilities of Wildhorse Co. decreased by $85000 during the month of August 2022. Stockholders' equity increased by $2000 during this pero what amount and in what direction must total assets have changed during August? $59000 Increase $111000 increase $85000 decrease $59000 decrease Click if you would like to Show Work for this question: Open Show Work
If total liabilities decreased by $100000 and stockholders' equity decreased by $25000 during a period of time, then total assets must change by what amount and direction during that same period? $75000 increase $125000 increase $75000 decrease $125000 decrease
If total liabilities decreased by ¥45,000 and equity decreased by ¥10,000 during a period of time, then total assets must change by what amount and direction during that same period? ¥55,000 decrease O ¥35,000 decrease O X55,000 increase O X35,000 increase
If total assets decreased by $48,048 during a period of time and stockholders' equity increased by $27,412 during the same period, then the amount and direction (Increase or decrease) of the period's change in total liabilities is a $23,326 increase Ob. $75,460 Increase Oc. $48,048 decrease Od. $75,460 decrease Previous Next >
A company's total liabilities decreased by $135000 and its stockholders' equity decreased by $31500 during a period of time. By what amount and in what direction must the company's totales have changed during that same period? $166500 increase $109500 decrease $166500 decrease $103500 increase
If total liabilities increased by $93000 and stockholders' equity increased by $49000 during a period of time, then total assets must change by what amount and direction during that same period? $240000 increase O $142000 increase O $191000 increase $142000 decrease
Practice Question 38 If total liabilities decreased by $15,000 and stockholders' equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period? $15,000 decrease $10,000 increase $20,000 increase $10,000 decrease Click if you would like to show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE POR LATER SUBMIT ANSWER
please need help with this thank you
Question 9 10 pts If total liabilities decreased by $50,000 and stockholders' equity increased by $20,000 during a period of time, then total assets must change by what amount and direction during that same period? $30,000 increase O $60.000 decrease $30,000 decrease $70,000 decrease
If total liabilities decreased by $100,000 and total assets decreased by $180,000 during the same accounting time period, what happened to total owners' equity during this period? A. $180,000 increase B. $180,000 decrease C. $80,000 increase D. $80,000 decrease
The total liabilities of Wildhorse Co. decreased by $85000 during the month of August 2022. Stockholders' equity increased by $2000 during this pero what amount and in what direction must total assets have changed during August? $59000 Increase $111000 increase $85000 decrease $59000 decrease Click if you would like to Show Work for this question: Open Show Work
Most questions answered within 3 hours.
-
If X ~ N(50; 100); Determine the value of '' k '' for both
situation:
a)...
asked 16 minutes ago -
In paired t-test, what's the difference between using pooled
variance and using the standard deviation of...
asked 17 minutes ago -
What are the major ethical theories, and how do they apply to
the role of a...
asked 17 minutes ago -
''Driving the call for multilateralism in trade at the summit
was Chinese President Xi Jinping, whose...
asked 11 minutes ago -
Present one method for changing health behavior that you think is
particularly effective.
Describe how one...
asked 19 minutes ago -
Is Goldicks negligent conduct committed within the
scope of his employment for Lapp Roofing liable
asked 32 minutes ago -
What are the effects of IMC-based PID controller and
Zeigler-Nicholas parameters on the specifications of a...
asked 37 minutes ago -
1. Explain the tem (10) Key Success Factors in Contemporary
Selling
asked 50 minutes ago -
It's absolutely linked, the effectiveness of the CP Coordinator
and the success of the business impact...
asked 59 minutes ago -
where does leadership reside in belief theory
asked 59 minutes ago -
Jane wants to purchase a bond with a face value of $8,595 and a
bond rate...
asked 1 hour ago -
A bolt manufacturer wants to investigate the machine that
produces bolts with a diameter of 0.28...
asked 1 hour ago