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Which of the following correctly obeys the accounting equation? A. None of the other answers obey the accounting equation B. Assets increases by $160: Liabilities
Which of the following correctly obeys the accounting equation?
A. None of the other answers obey the accounting equation
B. Assets increases by $160: Liabilities decreases by $200: Owner's Equity increase by $40
C. Assets increase by $360; Liabilities decrease by $360
E. Assets decrease by $360; Owner's Equity increases by $360
F. Asset 'A' decreases by $160; Asset 'B' increases by $200; Liabilities increase by $40
G. Asset 'A' increases by $160: Asset B' decreases by $200: Liabilities increase by $40
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