owner's equity is constant, any increase in liability vill cause in assets. a. An increase. b. A decrease. c. No change. d. Uncertainty. A ledger account consists of a. A title, a debit balance, and credit balance. b. A title, a right side, and a debit side. c. A title, a left side, and a debit side. d. A title, a debit side, and a credit side. 5. The total assets of a business at the end of the rear were RM120,000 and the liabilities were 50% of the owner's equity. Determine the owner's equity at the end of the year. a. RM40,000. b. RM80,000. c. RM240,000. d. RM60.000