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Question 6 (5 points) If total liabilities decreased by $25,000 and owner's equity increased by $15,000 during a period of time, then total assets

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Question 6 (5 points) If total liabilities decreased by $25,000 and owner's equity increased by $15,000 during a period of time, then total assets must change by what amount and direction during that same period? a) $40,000 increase b) $10,000 increase c) $40,000 decrease d) $10,000 decrease Q

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