If Total Liabilities Increased by $16,000 and the Assets Increased

question 6

Multiple Choice

If total liabilities increased by $16,000 and the assets increased by $20,000 during the accounting period, what is the change in the owner's equity amount?

• A) Increase of $4,000
• B) Decrease of $4,000
• C) Increase of $20,000
• D) Decrease of $16,000

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Definitions:

Aneuploidy

The presence of an abnormal number of chromosomes in a cell, leading to genetic syndromes like Down syndrome due to an extra chromosome or Turner syndrome due to a missing chromosome.

Point Mutation

A point mutation is a genetic mutation where a single nucleotide base is changed, inserted, or deleted from a sequence of DNA or RNA, potentially affecting protein function.

Nucleotide

Basic building block of nucleic acids consisting of a sugar (either ribose or deoxyribose) and one of several types of organic bases.

Aneuploidy

A condition in which an organism has either more or fewer chromosomes than the normal number, leading to genetic disorders.