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Country Homes Corporation just recorded a transaction in its books. If this transaction increased the total liabilities by $17,000, then A. assets must increase, or
Country Homes Corporation just recorded a transaction in its books. If this transaction increased the total liabilities by $17,000, then A. assets must increase, or equity must decrease by $17,000 B. either assets or equity must decrease by $17,000 C. assets must decrease by $17,000 D. both assets and equity must each decrease by $8,500
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