Hodges,Inc.had the following assets and liabilities as of September 30,2011:

If assets increased by $3,914 and equity increased by $2,290,what is the increase or decrease in liabilities of Hodges as of October 31,2011?
A)($1,624)
B)$1,624
C)$6,204
D)($6,204)

Question

Hodges,Inc.had the following assets and liabilities as of September 30,2011:

If assets increased by $3,914 and equity increased by $2,290,what is the increase or decrease in liabilities of Hodges as of October 31,2011?
A)($1,624) 
B)$1,624 
C)$6,204 
D)($6,204)

Quizplus · Accepted Answer

The Answer of Hodges,Inc.had the following assets and liabilities as of September 30,2011:

If assets increased by $3,914 and equity increased by $2,290,what is the increase or decrease in liabilities of Hodges as of October 31,2011?
A)($1,624) 
B)$1,624 
C)$6,204 
D)($6,204)