If the Liabilities of a Business Increased $75,000 During a Period

question 104

Multiple Choice

If the liabilities of a business increased $75,000 during a period of time and the equity in the business decreased $30,000 during the same period,the assets of the business must have:

• A)Decreased $105,000.
• B)Decreased $45,000.
• C)Increased $30,000.
• D)Increased $45,000.
• E)Increased $105,000.

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Definitions:

Antidiarrheal Medications

Drugs used to alleviate or prevent diarrhea.

Acute Diarrhea

A sudden onset of frequent, loose, or watery bowel movements that may last a few days and can lead to dehydration.

Rotavirus

A highly contagious virus that causes gastroenteritis, particularly in infants and young children, leading to severe diarrhea and vomiting.

Hirschsprung Disease

A congenital condition affecting the large intestine's nerve cells, causing difficulty with bowel movements.