During 2017, Gibson Company assets decreased $50,000 and its liabilities decreased $90,000. Its stockholders' equity
a. decreased $40,000.
b. decreased $140,000.
c. increased $140,000.
d. increased $40,000.
During 2017, Gibson Company assets decreased $50,000 and its liabilities decreased $90,000. Its stockholders' equity
a. decreased $40,000.
b. decreased $140,000.
c. increased $140,000.
d. increased $40,000.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.