Protected: mootmoot Active 8 years ago Topics: 0Replies: 1☆ ProfileForums Topics StartedReplies CreatedEngagements Forum Replies Created Viewing 1 post (of 1 total) Author Posts November 9, 2017 at 8:33 am #414941 mootmootMember Topics: 0Replies: 1☆ Hello. Please could you explain how reduction in liability results in reduction in net assets? I see it as fall in liability leads to increase in Net current assets hence increase in net assets. Thank you !! Author Posts Viewing 1 post (of 1 total)