If total liabilities decreased by $15,000 and stockholders equity decreased by $5,000 during a period...
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Accounting
If total liabilities decreased by $15,000 and stockholders equity decreased by $5,000 during a period of time, then total assets must change by what amount and direction during that time period?
a) $ 20,000 increase
b) $10,000 increase
c) $ 20,000 decrease
d) 10,000 decrease
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