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If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in the owner’s equity amount? A. Decrease of $2,000 B. Decrease of $2,000 C.
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If total liabilities increased by $6,000 and the assets increased by $8,000 during the accounting period, what is the change in the owner’s equity amount?

A. Decrease of $2,000
B. Decrease of $2,000
C. Increase of $10,000
D. Decrease of $10,000

User Pirkil
by
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1 Answer

4 votes
i believe the answer would be A.
User Jim Maas
by
7.7k points
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