During 2019, Seisor Company's assets decreased $50,000 and its liabilities decreased $90,000. Its stock- holders' equity therefore:
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During 2019, Seisor Company's assets decreased $50,000 and its liabilities decreased $90,000. Its stock- holders' equity therefore:
(a) increased $40,000.
(b) decreased $140,000.
(c) decreased $40,000.
(d) increased $140,000.
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Related Book For
Financial Accounting
ISBN: 9781119298229,9781119305842
10th Edition
Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel
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