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Question 5 of 44 -/3 III View Policies Current Attempt in Progress If total liabilities decreased by $29700 and owner's equity decreased by $20000 during

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Question 5 of 44 -/3 III View Policies Current Attempt in Progress If total liabilities decreased by $29700 and owner's equity decreased by $20000 during a period of time, then total assets must change by what amount and direction during that same period? O $9700 increase O $9700 decrease O $49700 decrease O $49700 increase Save for Later Attempts: 0 of 1 used Submit

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