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stfajar stfajar
wrote...
Posts: 354
6 years ago
Star Homes Company just recorded a transaction in its books. If this transaction increased the total liabilities by $10,000, then ________.
A) assets must increase, or equity must decrease by $10,000
B) either assets or equity must decrease by $10,000
C) both assets and equity must each decrease by $5,000
D) assets must decrease by $10,000
Textbook 
Horngren's Accounting

Horngren's Accounting


Edition: 11th
Authors:
Read 81 times
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wrote...
6 years ago
 A
stfajar Author
wrote...
6 years ago
Going to mark this solved!
wrote...
6 years ago
Perfect
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