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If the assets of a business stay the same from one month to the next and the liabilities increase, the owner's equity will decrease. True False

If the assets of a business stay the same from one month to the next and the liabilities increase, the owner's equity will decrease. True False
asked 134k views
21 votes
If the assets of a business stay the same from one month to the next and the liabilities increase, the

owner's equity will decrease.
True
False

asked
User Oleg Sh
by
7.6k points

1 Answer

5 votes
Falseeeee is the answer
answered
User Jingx
by
8.6k points
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