Question: Question Content Area How does receiving a bill to be paid next month for services received affect the accounting equation? If total assets decreased by

Question Content Area
How does receiving a bill to be paid next month for services received affect the accounting equation?
If total assets decreased by $51,478 during a period of time and owner's equity increased by $28,114 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is

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