Question Completion Status: L A Moving to the next question prevents changes to this answer. Question 2 If total liabilities increased by $14,000 during a period of time and owner's equity decreased by $6,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total assets is a(n) $20,000 increase $8,000 increase $8,000 decrease. $14,000 increase Moving to the next question prevents changes to this answer. 5 ctv

Answer rating: 100% (QA)

The Answer is in the image, click to view ... View the full answer