When funds borrowed …………………
A. increase in asset – increase in liability.
B. one would increase – another would decrease.
C. increase in asset – increase in capital.
D. increase in capital – decrease in liability.
Answer:A
When funds borrowed …………………
A. increase in asset – increase in liability. B. one would increase – another would decrease. C. increase in asset – increase in capital. D. increase in capital – decrease in liability.