Which statement is$$ FALSE?

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Part $1$

A$.$

U$.$S$.$ Generally Accepted Accounting Principles are used by many countries around the world.

B$.$

For many$$ years, U$.$S$.$ Generally Accepted Accounting Principles were considered to be the strongest single set of accounting standards in the world.

C$.$

International Financial Reporting Standards are used by most countries around the world.

D$.$

The most commonly used accounting practices are essentially the same under both U$.$S$.$ Generally Accepted Accounting Principles and International Financial Reporting Standards.

$ $83$ comma $000$$$83,000$

and liabilities increased by

$ $23$ comma $000$$$23,000.$

Equity must have