Financial Accounting
Chapter13: Capital Structure Concepts
Section: Chapter Questions
Problem 6P
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Question
Financial Accounting
Transcribed Image Text:During a reporting period, a company's assets increase by & 90,000,000.
* ?Liabilities decrease by $ 70,000,000. Equity must, therefore
Decrease by $ 90,000,000 O
Increase by $ 160,000,000
Decrease by $ 70,00,000
Increase by $ 20,000,000 O
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