(A) Remain constant (X)
(B) Decrease by $5000 ()
(C) Increase by $5000 (X)
(D) Increase by $10,000 (X)
Answers: If the total liabilities of a business decrease by $5000 what will be the effect on total asset Decrease by $5000.
(A) Remain constant (X)
(B) Decrease by $5000 ()
(C) Increase by $5000 (X)
(D) Increase by $10,000 (X)
Answers: If the total liabilities of a business decrease by $5000 what will be the effect on total asset Decrease by $5000.
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