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What the amount of the period change in total liability

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Problem 1: If total assets decreased by $52,631 during a period of time and stockholders' equity increased by $27,022 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is

a. $52,631 decrease

b. $79,653 decrease

c. $79,653 increase

d. $23,997 increase

Reference no: EM132623665

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