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Imagine initially assets and liabilities are both equal to $1,000. Now assets increase by $500. Which of the following are possible outcomes of this scenario,

Imagine initially assets and liabilities are both equal to $1,000. Now assets increase by $500. Which of the following are possible outcomes of this scenario, holding all other components fixed? (check all that apply)

A. Liabilities and Shareholders' Equity both increase by $500

B. Noncash Assets decrease by $500

C. Liabilities increase by $500

D.Contributed Capital increases by $500

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