Kizspy Question: 2
(Choose 1 answer)
FUUWERK ON Com
If the assets of a business increased $89,000 during a period of time and its liabilities increased $67,000 during
the same period, equity in the business must have:
A. Increased $22,000.
B. Decreased $22,000.
C. Increased $89,000.
D. Decreased $156,000.
E. Increased $156,000.
