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If total liabilities decreased by $24,207 during a period of time and owner's equity increased by $31,379 during the same period, the amount and direction

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If total liabilities decreased by $24,207 during a period of time and owner's equity increased by $31,379 during the same period, the amount and direction (increase or decrease) of the period's change in total assets would be a a. $24,207 decrease Ob. $24,207 increase Oc, $7,172 decrease Od. $7,172 increase

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