Hodges,Inc

question 36

Multiple Choice

Hodges,Inc.had the following assets and liabilities as of September 30,2011:

If assets increased by $3,914 and equity increased by $2,290,what is the increase or decrease in liabilities of Hodges as of October 31,2011?

• A)($1,624)
• B)$1,624
• C)$6,204
• D)($6,204)

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Definitions:

Overwhelming Sense Of Fear

An intense and overpowering feeling of fear, often sudden and without a clear cause.

Obsessive-Compulsive Disorder

A mental health disorder characterized by unreasonable thoughts and fears (obsessions) leading to compulsive behaviors.

Doubts

Feelings of uncertainty or lack of conviction about something, leading to questions or hesitations in belief or action.

Repetitive Routines

Behaviors or tasks that are performed in a consistent, unvarying manner, often as part of a daily or regular schedule.