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If the liabilities of a business decreased $10,000 during a period of time and owner's equity in the business increased $2,000 during the same period,

If the liabilities of a business decreased $10,000 during a period of time and owner's equity in the business increased $2,000 during the same period, the assets of the business must have: A. Decreased $ 8,000. B. Decreased $12,000. C. Increased $ 8,000. D. Increased $10,000. E. Increased $12,000.

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