A companys liabilities increased by $60,000 and stockholders equity increased by $25,000. What would be...
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Accounting
A companys liabilities increased by $60,000 and stockholders equity increased by $25,000. What would be the change in this companys assets? (Hint: Use the accounting equation to solve this problem). a) $35,000 increase b) $85,000 increase c) $103,000 increase d) $112,000 increase
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