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12:16 < Back Question 2 Open in Safari Land was originally purchased for $20,000. It is sold for $20,000 in cash. How does the sale affect the accounting equation? Your answer: Assets increase $20,000- liabilities o decrease $20,000 Assets increase $20,000; liabilities o increase $20,000. Assets increase $20,000; owner's o equity increases $20,000 Assets increase $20,000; assets o decrease $20,000 Clear answer Back pause test