Assets amount to $35,000 at the beginning of the period and $40,000 at the end of the period.Liabilities amount to $10,000 at the beginning of the period and $20,000 at the end of the period.What is the amount of the change and the direction of the change in owners' equity for the period?
A)Increase of $15,000
B)Decrease of $10,000
C)Increase of $5,000
D)Increase of $10,000
E)Decrease of $5,000

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The Answer of Assets amount to $35,000 at the beginning of the period and $40,000 at the end of the period.Liabilities amount to $10,000 at the beginning of the period and $20,000 at the end of the period.What is the amount of the change and the direction of the change in owners' equity for the period?
A)Increase of $15,000
B)Decrease of $10,000
C)Increase of $5,000
D)Increase of $10,000
E)Decrease of $5,000

Assets Amount to $35,000 at the Beginning of the Period