contestada

If an individual asset is increased, then which of the following will be correct (a)- there could be an equal decrease in a specific liability. (b)-there could be an equal decrease in stockholders' equity. (c)- there could be an equal decrease in another asset. (d)- none of these is possible.

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Answer:

C - there could be an equal decrease in another asset

Explanation:

If an individual asset is increased could be caused by an increase of a specific liability; the decrease in another asset or the increase of incomes. If the increment is caused by a stockholder´s contributions the account would be increased.

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