Accountancy, asked by rgalious, 2 months ago

9. During the year, the equity of Kim Company increased by P30,000 while its liabilities decreased by P10,000. How did Kim Company's asset change during the year?

A. Increase of P40,000

B. Increase of P20,000

C. Decrease of P40,000

D. Decrease of P20,000

Answers

Answered by roshanverma1433

0

Answer:

increase of P20,000 I hope it will help you

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