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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

Purchased a truck by paying cash

Major client goes out of business

Paid dividend to owners

Creditor takes stock in the company in exchange for retiring debt

Paid note that came due

Customer pays bill in cash

Owner made contribution to firm

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