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martinbricein10
28.01.2020 •
Business
If the assets of a business increased $89,000 during a period of time and its liabilities increased $67,000 during the same period, equity in the business must have:
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Ответ:
equity in the business increase by $22000
Explanation:
given
assets increased = $89,000
liabilities increased = $67,000
solution
equity in the business increase by $22000
because we know that by the accounting equation
assets is equal to liability + shareholder equity 1
so when assets is increase then increase in shareholder or liability or increase in combination or decrease in asset
so here given assets increase $89000
so it must be as per given liability increase by $67000
so balance will be = $89000- $67000 = $22000
it will either increase equity or the decrease in another assets
so here equity in the business increase by $22000
Ответ:
Answer is in the photo. I couldn't attach it here, but uploaded it to a file hosting. link below! Good Luck!
cutt.ly/XzW3SUN