If the total liabilities of a business decrease by $5000 what will be the effect on total asset??

Accounting Mcqs
BILAL KHATTAK0

(assuming the amount of capital remain same) A. Remain constant 
B. Decrease by $5000  
C. Increase by $5000
D. Increase by $10,000

Related Mcqs:

  1. If the business’s owner withdraws cash for his/her personal use what will be the effect on capital??
  2. If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital Liabilities=$15000 What is the Amount of total assets??
  3. The excess of current assets over current liabilities is called:?
  4. In an adiabatic compression the decrease in volume is associated with
  5. In adiabatic compression the decrease in volume is associated with
  6. Current assets – Current liabilities=??
  7. Find out the value of assets if: Liabilities=$5000 and Capital=$1000?
  8. Green House effect is caused by __________?
  9. Business Finance addresses which of the following??
  10. Which one of the following statements define Bohr effect:

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