Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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equity in the business must have:??

Transcribed Image Text:If the assets of a business increased $89,000 during a period of time and its
liabilities increased $67,000 during the same period, equity in the business must
have:
a. Decreased $22,000.
b. Decreased $156,000.
c. Increased $22,000.
d. Increased $89,000.
e. Increased $156,000.
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