ashtonfludd4311 ashtonfludd4311

21-01-2020
Business

contestada

During the year, assets increased by $20,000 and stockholders’ equity increased by $15,000. What was the increase in liabilities?

Respuesta :

agboanthony124 agboanthony124

21-01-2020

Answer:

The increase in liabilities is $5000

Explanation:

Assets= liabilities + owner's equity

20,000= liabilities + 15000

Therefore

Liabilities= $20000 - $15000= $5000

Answer Link

Otras preguntas

Which one of the following statements about a topic sentence and main idea is accurateA. A topic sentence is the central idea of a paragraph, while a main idea

What is the best estimate of the mass of a pencil.

Will mark brainliest!! Help Please!!! The graph of a polynomial function has zeros of 3 (multiplicity 2), and -7 (multiplicity 1). Write a function, in standard

What were the major causes and consequences of the English civil war

What are the chemical formulas for molecules of fluorine and molecules of chlorine?

Find the general solution of the given differential equation.(x2 − 9)dydx + 6y = (x + 3)2 Give the largest interval over which the general solution is defined.

A verb mood reflects the writer’s ________ towards a subject. A.) opinion B.) intent C.) attitude D.) dislike

Recommendations from my plate include covering blank of your plate with fruits and vegetables

WILL GIVE THE BRAINLEST!!How are algae cells different from other cells?

Why is it important to be able to amend the Constitution?15 Points