If total liabilities decreased by $134,000 during a period of time and shareholders' equity increased by $103,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total assets is a(n)
A)$134,000 increase.
B)$103,000 increase.
C)$31,000 decrease.
D)$31,000 increase.

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The Answer of If total liabilities decreased by $134,000 during a period of time and shareholders' equity increased by $103,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total assets is a(n)
A)$134,000 increase.
B)$103,000 increase.
C)$31,000 decrease.
D)$31,000 increase.

If Total Liabilities Decreased by $134,000 During a Period of Time