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f the liabilities of Culvers rose $114,000 during the month and equity in the company dropped $39,000 during the same month, what was the effect

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f the liabilities of Culvers rose $114,000 during the month and equity in the company dropped $39,000 during the same month, what was the effect on he assets of Culvers? Multiple Choice Assets would have decreased $75,000. Assets would have increased $75,000 Assets would have decreased $153,000. Assets would have increased $153,000. None of the above

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