If the Assets of a Business Increased $9,000 During a Period

question 29

Multiple Choice

If the assets of a business increased $9,000 during a period of time and its liabilities increased $5,000 during the same period, equity in the business must have:

• A)Decreased $6,000.
• B)Increased $14,000.
• C)Decreased $14,000.
• D)Increased $4,000.
• E)Decreased $4,000.

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Definitions:

Heart Attack

A medical condition that occurs when the blood flow to the heart is blocked, causing heart muscle damage or death.

Blood Supply

The provision of blood to different parts of the body, facilitated by the circulatory system.

Arrhythmia

An irregularity in the heartbeat, which can involve irregular, too fast, or too slow heart rhythms.

Angina Pectoris

A medical condition characterized by chest pain caused by reduced blood flow to the heart, indicative of coronary artery disease.