During the Current Year,the Assets of Wheatley's Increased by $362,000,and

question 94

Multiple Choice

During the current year,the assets of Wheatley's increased by $362,000,and the liabilities increased by $260,000.The owners' equity in the business must have:

• A)Decreased by $102,000.
• B)Decreased by $622,000.
• C)Increased by $102,000.
• D)Increased by $622,000.