Question: If a transaction causes a liability account to increase, which of these related effects may also occur? An increase of an equal amount in an

If a transaction causes a liability account to increase, which of these related effects may also occur?

An increase of an equal amount in an equity account.

An increase of an equal amount in an asset account.

A decrease of an equal amount in an asset account.

An increase of an equal amount in another liability account.

None of the above.

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