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Question 2 of 20 | Page 2 of 20 Question 2 (2 points) If the liabilities of a business increased $65,000 during a period of

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Question 2 of 20 | Page 2 of 20 Question 2 (2 points) If the liabilities of a business increased $65,000 during a period of time and equity in the business decreased $21,000 during the same period, would the assets of the business have increased or decreased? By what amount? a ob Oc Assets would have increased 544,000. Assets = Liabilities - Equity-$44,000 = +564,000 + (-$22,000) Assets would have decreased $44,000. Assets - Liabilities - Equity-$44,000 = -565,000 + (-521,000) Assets would have increased $44,000. Assets - Liabilities - Equity - 544,000 = -565,000 (-521,000)

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