What if total assets decrease, Accounting Basics

What if total assets decrease

Question: If total assets decrease, then which of the following statements is true? Liabilities must increase and retained earnings must decrease Common stock must decrease and retained earnings must increase Liabilities, common stock, or retained earnings must decrease Liabilities, common stock, or retained earnings must increase

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Accounting Basics: What if total assets decrease

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Accounting Basics: What if total assets decrease

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