If Total Liabilities Decreased by $30,000 and Stockholders' Equity Increased

question 111

Multiple Choice

If total liabilities decreased by $30,000 and stockholders' equity increased by $20,000 during a period of time, then total assets must change by what amount and direction during that same period?

• A)$50,000 decrease
• B)$10,000 decrease
• C)$10,000 increase
• D)$50,000 increase

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Definitions:

Hypothalamus

A region of the brain below the thalamus that coordinates both the autonomic nervous system and the activity of the pituitary, controlling body temperature, thirst, hunger, and other homeostatic systems.

Star-Shaped Cells

Often refers to astrocytes, a type of glial cell in the brain and spinal cord, characterized by their star-like shape.

Nervous System

The complex network of nerve cells and fibers that transmits signals between different parts of the body, coordinating actions and sensory information.

Blood Vessels

The tubes in the body through which blood flows, including arteries, veins, and capillaries.