If during the year total assets increase by 55000 and total liabilities decrease by 36000, by how much did owner's equity increase/decrease?

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
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If during the year total assets increase by 55000 and total liabilities decrease by 36000, by how much did owner's equity increase/decrease?

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