Question: If total asset increased by $ 5 0 0 , then liabilities and shar cholders' equity each decreased by $ 5 0 0 . liabilities

If total asset increased by $500, then
liabilities and shar cholders' equity each decreased by $500.
liabilities must have decreased by $500.
shareholders' equity must have decreased by $500.
liabilities must have increased by $500, or shareholders' equity must have increased by $500.
If total asset increased by $ 5 0 0 , then

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