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If the liabilities of a business decreased 25,000 during a period of time and the assets of the business decreased 15,000 during the same period,

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If the liabilities of a business decreased 25,000 during a period of time and the assets of the business decreased 15,000 during the same period, the owner's equity in the business must have: a. Decreased 40,000 b. Decreased 10,000 C. Increased 40,000 d. Increased 10,000

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