If Owner's Equity and Liabilities Increased During the Period,then Assets

question 55

True/False

If owner's equity and liabilities increased during the period,then assets must also have increased.

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Definitions:

Fingerprint

Unique patterns formed by ridges on the tips of fingers, used for identifying individuals.

Inorganic Ions

Ions that are found in inorganic compounds, not containing carbon as a principal element.

Animal Waxes

Waxy substances produced by animals, often used for protection or waterproofing.