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Throughout February, a company s accounts payable increased by $ 3 7 , 0 0 0 , whereas its retained earnings decreased by $ 1

Throughout February, a companys accounts payable increased by $37,000, whereas its retained earnings decreased by $14,000. Assume no other accounts of liabilities and equity changed, then:
a) Assets would have increased by $52,000.
b) Assets would have decreased by $23,000.
c) Assets would have increased by $23,000.
d) Assets would have decreased by $52,000.

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