During the Current Year, Liabilities of Hayden Travel Decreased by $50,000

question 125

Multiple Choice

During the current year, liabilities of Hayden Travel decreased by $50,000, and equity increased by $75,000 then.

• A) Assets at the end of the year total $125,000.
• B) Assets at the end of the year total $25,000.
• C) Assets increased during the year by $25,000.
• D) Assets decreased during the year by $125,000.

---

Definitions:

Barriers

Obstacles that impede progress or the achievement of an objective.

Transfer of Training

The effective application of skills, knowledge, or behaviors learned in one context to another, aiming to improve job performance or solve problems.

Mitigate

To lessen or try to lessen the severity or seriousness of something.

Strategies

Plans of action designed to achieve a long-term or overall aim, often involving multiple steps or tactics.