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If total assets increased by $8,250 and stockholders' equity decreased by $3,900 during a period of time, then total liabilities must have changed by what amount and direction during that same period?

If total assets increased by $8,250 and stockholders' equity decreased by $3,900 during a period of time, then total liabilities must have changed by what amount and direction during that same period?

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
Section: Chapter Questions
Problem 10CDQ
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What amount and direction during that some period? General accounting question please solve

If total assets increased by $8,250 and stockholders' equity decreased by $3,900 during a period of time, then total liabilities must have changed by what amount and direction during that same period?
Transcribed Image Text:If total assets increased by $8,250 and stockholders' equity decreased by $3,900 during a period of time, then total liabilities must have changed by what amount and direction during that same period?
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