If the Assets of a Business Increased $15,000 During a Period

question 12

Multiple Choice

If the assets of a business increased $15,000 during a period of time and its equity decreased $4,000 during the same period,liabilities in the business must have:

• A)Increased $11,000
• B)Decreased $11,000
• C)Increased $19,000
• D)Decreased $19,000
• E)Increased $61,000

---

Definitions:

Bubbles

Spherical pockets of gas trapped in a liquid or solid form, often visible as balls of air or gas in water or other liquids.

Cofactors

Non-protein chemical compounds or metallic ions that are required for an enzyme's activity as a catalyst.

Endergonic Reactions

Chemical reactions that require an input of energy to proceed and are characterized by a positive change in free energy.

Transition State

A high-energy state during a chemical reaction where reactants are converted into products, representing the point of maximum energy during the reaction.