Question: If total liabilities increased by $ 5 , 0 0 0 , which of the following could be true? If total liabilities increased by $

If total liabilities increased by $5,000, which of the following could be true?
If total liabilities increased by $5,000, which of the following could be true?
total assets must have decreased by $5,000
owner's equity must have increased by $5,000
total assets must have increased by $5,000 or owner's equity must have decreased by $5,000
total assets and owner's equity both increased by $2,500

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