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Match the combination of changes in the accounting equation described below with the events listed below. A) Assets increase; Assets decrease B) Assets increase; Liabilities

Match the combination of changes in the accounting equation described below with the events listed below.

A) Assets increase; Assets decrease

B) Assets increase; Liabilities increase

C) Assets increase; Owner's equity increase

D) Assets decrease; Liabilities decrease

E) Assets decrease; Owner's equity decrease

F) Liabilities increase; Liabilities decrease

G) Liabilities increase; Owners' equity decreases

H) Liabilities decrease; Owners' equity increases

I) Owners' equity increases; Owners' equity decreases

J) Not recorded in accounting system

Borrowed cash

[ choice ] J B E D A C H

Purchased a truck by paying cash

[ choice ] J B E D A C H

Major client goes out of business

[ choice ] J B E D A C H

Paid dividend to owners

[ choice ] J B E D A C H

Creditor takes stock in the company in exchange for retiring debt

[ choice ] J B E D A C H

Paid note that came due

[ choice ] J B E D A C H

Customer pays bill in cash

[ choice ] J B E D A C H

Owner made contribution to firm

[ choice ] J B E D A C H

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