Question: QUESTION 7 If total assets decrease, then which of the following statements is true? Liabilities must increase and retained earnings must decrease Common stock must

QUESTION 7
If total assets decrease, then which of the following statements is true?
Liabilities must increase and retained earnings must decrease
Common stock must decrease and retained earnings must increase
Liabilities, common stock, or retained earnings must decrease
Liabilities, common stock, or retained earnings must increase
QUESTION 7 If total assets decrease, then which of the following

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