If total liabilities increased by $4,000, then:

DEleiwa

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2022-05-10

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assets must have decreased by $4,000.
owner\'s equity must have increased by $4,000.
assets must have increased by $4,000, or owner\'s equity must have decreased by $4,000.
assets and owner\'s equity each increased by $2,000

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DEleiwa

2022-05-10

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c. assets must have increased by $4,000, or owner's equity must have decreased by $4,000

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