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Multiple Choice 1 point Indicate whether would be an increase, decrease or no change net worth for the transaction provide. Pay entertainment : expenses Increase No Change Decrease

Question

Multiple Choice 1 point Indicate whether would be an increase, decrease or no change net worth for the transaction provide. Pay entertainment : expenses Increase No Change Decrease

Multiple Choice 1 point Indicate whether would be an increase, decrease or no change net worth for the transaction provide. Pay entertainment : expenses Increase No Change Decrease

Solution

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MorrisVeteran · Tutor for 11 years

Answer

Decrease<br /><br />Paying entertainment expenses reduces available cash, which is an asset. A decrease in assets results in a decrease in net worth.<br />
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