Question: Actually do the question and explain it. Please do not copy other Chegg question. At maturity date, a borrower repays in full the principal of

Actually do the question and explain it. Please do not copy other Chegg question.

Actually do the question and explain it. Please do not copy other

At maturity date, a borrower repays in full the principal of a \$ \\$ 2,000 \$ loan and pays \$ \\$ 150 \$ interest. Which of the following statements is NOT correct? A. Their assets decrease by \$ \\$ 2,150 \$. B. Their bank deposits decrease by \$ \\$ 2,150 \$. C. Their debt decreases by \$ \\$ 2,150 \$. D. Their equity decreases by \$ \\$ 150 \$. E. Their balance sheet shrinks

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