During February, assets increased by $83,000 and liabilities increased by $23,000. Equity must have a. Increased by
Question:
During February, assets increased by $83,000 and liabilities increased by $23,000. Equity must have
a. Increased by $60,000.
b. Increased by $106,000.
c. Decreased by $106,000.
d. Decreased by $60,000.
Select the best choice from among the possible answers given.
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Related Book For 
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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