Answer????? If total liabilities decreased by $4,000, then stockholders' equity must...
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Accounting
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If total liabilities decreased by $4,000, then stockholders' equity must have decreased by $4,000 assets must have decreased by $4,000, or stockholders' equity must have increased by $4,000 assets and stockholders' equity each increased by $2.000 assets must have increased by $4,000 Question 7 5pts When collection is made on Accounts Receivable total assets will remain the same stockholders equity will increase total assets will increase total assets will decrease
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