If total assets increased $20,000 during a period and total liabilities increased $12,000 during the same period,

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If total assets increased $20,000 during a period and total liabilities increased $12,000 during the same period, the amount and direction (increase or decrease) of the change in owner's equity for that period is a(n): C. $8,000 increase. A. $32,000 increase. B. $32,000 decrease. D. $8,000 decrease.

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