During 2025, Xia Lin Companys assets decreased 500,000 and its liabilities decreased 900,000. Its equity therefore: a.
Question:
During 2025, Xia Lin Company’s assets decreased ¥500,000 and its liabilities decreased
¥900,000. Its equity therefore:
a. increased ¥400,000.
b. decreased ¥1,400,000.
c. decreased ¥400,000.
d. increased ¥1,400,000.
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Related Book For 
Financial Accounting With International Financial Reporting Standards
ISBN: 9781119787051
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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