Solved: During a period of time and stockholders equity increased, Accounting Basics

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During a period of time and stockholders equity increased

If total assets decreased by $48,591 during a period of time and stockholders' equity increased by $29,893 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is

a. $22,934 increase
b. $78,484 decrease
c. $48,591 decrease
d. $78,484 increase

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Accounting Basics: During a period of time and stockholders equity increased

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Accounting Basics: During a period of time and stockholders equity increased

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