If Total Liabilities Increased by ¥30,000 and Equity Increased by ¥10,000

question 136

Multiple Choice

If total liabilities increased by ¥30,000 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)¥40,000 decrease
• B)¥40,000 increase
• C)¥50,000 increase
• D)¥60,000 increase

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Definitions:

Chlorpromazine

A medication primarily used to treat psychotic disorders such as schizophrenia, acting as an antipsychotic by affecting neurotransmitter levels in the brain.

Antipsychotic Drug

Medications used to treat symptoms of severe psychiatric disorders, such as schizophrenia or bipolar disorder.

Auditory Hallucinations

The perception of sound, often in the form of voices, in the absence of external stimuli.

Paranoia

A mental condition characterized by delusions of persecution or grandeur, often without a factual basis.