If Total Liabilities Decreased by ¥35,000 and Equity Increased by ¥10,000

question 51

Multiple Choice

If total liabilities decreased by ¥35,000 and equity increased by ¥10,000 during a period of time, then total assets must change by what amount and direction during that same period?

• A) ¥45,000 increase
• B) ¥25,000 decrease
• C) ¥25,000 increase
• D) ¥35,000 decrease

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Definitions:

Midline

The midline refers to an imaginary line that divides the body into equal right and left halves, often used as a reference point in anatomy and medical diagnoses.

Equal Halves

Dividing something into two portions of the same size and proportion.

Reproductive Cell Division

A biological process, such as meiosis, through which cells divide to produce gametes for sexual reproduction.

Nerve Tissue Cells

Cells that make up the nervous tissue, including neurons and glial cells, responsible for transmitting and processing information in the body.