26. if temporary accounts with debit balances equal to $200,000 and temporary accounts with credit balances equal to $300,000 are closed at the end of the accounting period. Which of the following would occur as a result of the closing entry?

a. Total Owner's Equity would have a net increase of $100,000

b. Long-Term Liabilities would have a net increase of $100,000

c. Total Assets would have a net increase of $100,000

d. Total Owner's Equity would have a net decrease of $100,000