In the balance sheet,a(n)________ in assets ________ net worth.
A) increase; increases
B) decrease; increases
C) Both A and D are correct.
D) decrease; decreases

Name: In the balance sheet,a(n)________ in assets ________ net worth. A) increase; increases B) decrease; increases C) Both A and D are correct. D) decrease; decreases
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Question

Quizplus · Accepted Answer

An increase in assets increases net worth, and a decrease in assets decreases net worth, as net worth is calculated as assets minus liabilities.

In the Balance Sheet,a(n)________ in Assets ________ Net Worth

In the Balance Sheet,a(n) in Assets Net Worth