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What is the difference between liabilities and owners' equity? Group of answer choices liabilities are increased with debits, while owners' equity is increased with credits

What is the difference between liabilities and owners' equity?

Group of answer choices

liabilities are increased with debits, while owners' equity is increased with credits

owners' equity is really the same as liabilities

liabilities are claims by non

-

owners

owners' equity are claims by non

-

owners

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