hold Force Once started, this test must be completed in one sitting, Do not leav
ID: 2408815 • Letter: H
Question
hold Force Once started, this test must be completed in one sitting, Do not leave the test before dicking Sav Remaining Time: 52 minutes, 59 seconds. *Question Completion Status lities nge by ,000 an t Moving to another question will save this response. Question 11 s/ e after rs equit hat amo total liabilities increase by $90,000 then, which of the following is possible O ast ckholden' equity increase by S90,00?. o b. assets increase by $90,000, or stockholders' equity decrease by $90,000 ??.assets decrease by S90,000. o d. assets and stockholders' equity each increase by $45,000 Oe None of the abore d Stoc stions ar eased by ring the s ial Man Moving to another question will save this response iS Now vables in hal operatinExplanation / Answer
Answer is b. Assets increases by $90000 or stockholder's equity decrease by $90000.
Explanation:
Accounting equation is as follows:
Assets = Liabilities +Stockholders' Equity
WHen the total liabilities is increased, then either the stockholder's equity will get fall or assets will increase by the same amount to balance the equation.