Question: Question 9 If total liabilities increased by $ 3 0 , 0 0 0 and stockholders' equity increased by $ 4 0 , 0 0

Question 9
If total liabilities increased by $30,000 and stockholders' equity increased by $40,000 during
a period of time, then total assets must change by what amount and direction during that
same period?
$10,000 decrease
$50,000 decrease
$70,000 increase
$50,000 increase
Question 9 If total liabilities increased by $30,000 and stockholders' equity

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