Question: If total liabilities increased by $ 4 0 0 0 , then Question 1 Answer a . owner's equity must have increased by $ 4

If total liabilities increased by $4000, then
Question 1
Answer
a.
owner's equity must have increased by $4000.
b.
owner's equity must have decreased by $4000.
c.
assets must have increased by $4000, or owner's equity must have decreased by 4000.
d.
assets must have decreased by $4000.

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