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svetoff [14.1K]
3 years ago
9

If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in

the owner’s equity amount?
Business
2 answers:
horrorfan [7]3 years ago
7 0
The correct answer to the question is an "Increase of $2,000"
AveGali [126]3 years ago
5 0
The change in owner's equity is $14,000, during the period. This is known by the equation - Assets = Liabilities + Equities.
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3 years ago
Which of the following attributes is most typical of a​ service? A. mass production B. production and consumption occur simultan
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Valorous Corporation will pay a dividend of $2.00 per share at this year's end (at t = 1) and a dividend of $2.50 per share at t
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3 years ago
You would like to know the minimum level of sales that is needed for a project to be accepted based on its net present value.
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C. financial break-even point.

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