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If total liabilities increased by $69,000 during a period of time and stockholders' equity decreased by $27,000 during the same period, then the amount
If total liabilities increased by $69,000 during a period of time and stockholders' equity decreased by $27,000 during the same period, then the amount and directic (increase or decrease) of the period's change in total assets is a(n) 1) $69,000 increase. 2) $96,000 increase. 3) $42,000 decrease. 4) $42,000 increase.
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