Hodges, Inc. had the following assets and liabilities as of September 30, 2013 $$\begin{array} { l l }
\$56,327 & \text { Asset } \
\$28,416 & \text { Iiabilities }
\end{array}$$ If assets increased by $3,914 and equity increased by $2,290 during October, what is the increase or decrease in liabilities of Hodges as of October 31, 2013?
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, 2013 $$\begin{array} { l l } 
\$56,327 & \text { Asset } \
\$28,416 & \text { Iiabilities }
\end{array}$$ If assets increased by $3,914 and equity increased by $2,290 during October, what is the increase or decrease in liabilities of Hodges as of October 31, 2013?
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, 2013 $$\begin{array} { l l } 
\$56,327 & \text { Asset } \
\$28,416 & \text { Iiabilities }
\end{array}$$ If assets increased by $3,914 and equity increased by $2,290 during October, what is the increase or decrease in liabilities of Hodges as of October 31, 2013?
A) ($1,624)
B) $1,624
C) $6,204
D) ($6,204)

Hodges, Inc $56,327 Asset $28,416 Iiabilities \begin{array} { l l } \$56,327 & \text { Asset } \\\$28,416 & \text { Iiabilities }\end{array}$56,327$28,416​ Asset Iiabilities ​

Hodges, Inc $\begin{array} { l l } \$56,327 & \text { Asset } \\\$28,416 & \text { Iiabilities }\end{array}$