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Country Homes Corporation just recorded a transaction in its books. If this transaction increased the total liabilities by $7,000, then A. assets must decrease by

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Country Homes Corporation just recorded a transaction in its books. If this transaction increased the total liabilities by $7,000, then A. assets must decrease by $7,000 OB. assets must increase, or equity must decrease by $7,000 O other assets or equity must decrease by $7,000 D. both assets and equity must each decrease by $3,500

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