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Amicho Deli started 2024 with total assets of $23,000 and total liabilities of $7,000. At the end of 2024, Amicho's total assets stood at $27,000

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Amicho Deli started 2024 with total assets of $23,000 and total liabilities of $7,000. At the end of 2024, Amicho's total assets stood at $27,000 and total liabilities were $10,000. Requirements 1. Did the owner's equity of Amicho Deli increase or decrease during 2024 ? By how much? 2. Identify the four possible reasons that owner's equity can change. Requirement 1. Did the owner's equity of Amicho Deli increase or decrease during 2024? By how much? (Enter a decrease with a minus sign or parentheses.) The change in owner's equity during the year is Requirement 2. Identify the four possible reasons that owner's equity can change. Owner's equity can increase through: equity can decrease through and/or Owner's and/or

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