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The total liabilities of Sheridan Company decreased by $97000 during the month of August 2022. Stockholders'equity increased by $48000 during this period. By what amount

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The total liabilities of Sheridan Company decreased by $97000 during the month of August 2022. Stockholders'equity increased by $48000 during this period. By what amount and in what direction must total assets have changed during August? $97000 decrease $49000 decrease $49000 increase $145000 increase

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