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If the assets of a business increased $9,000 during a period of time and its...

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Question

Accounting

If the assets of a business increased $9,000 during a period of time and its liabilities increased $5,000 during the same period, equity in the business must have

Select one:

A. Increased $14,000

B. Decreased $14,000

C. Decreased $4,00

D. Decreased $6,000.

E. Increased $4,000

Answer & Explanation Solved by verified expert
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