5 If assets decreased by 10000 and liabilities increased by

5) If assets decreased by $10,000 and liabilities increased by $4,000 how much did stockholders\' equity decrease to keep the accounting equation in balance?

Solution

To balance the equation the stockholders\' equity have to decreased by = $10,000 + $4,000

.................................................................................................................= $14,000

 5) If assets decreased by $10,000 and liabilities increased by $4,000 how much did stockholders\' equity decrease to keep the accounting equation in balance? S

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