After conducting a financial transaction, a company's accounting staff records a $1,000 decrease in a particular asset. In order
for the accounting equation to balance, the accounting staff must also record which of the following things?A :a $1,000 increase in stockholder's equityb. a $1,000 increase in a different assetC :a $1,000 increase in a particular liabilityD :a $1,000 decrease in a different asset coupled with a $1,000 increase in a particular liability
The answer would be $796 because your down payment is $100 plus the fact marge had to pay $58 for 12 months there for equaling $696 dollars for the 12 month then adding your down payment of $100 giving you your answer of $796!
