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Financial Accounting Intro Concepts Meth/Uses

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter16: Statement Of Cash Flows: Another Look

Section: Chapter Questions

Problem 18P

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I am trying to find the accurate solution to this general accounting problem with the correct explanation.

If total liabilities decreased by $25,000 and
stockholders' equity increased by $45,000
during a period, what was the net change
in total assets?

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