If Total Liabilities Increased By $14,000 During A Period Of Time And Owner's Equity Decreased By $6,000 During The Same Period Then

The correct answer is (d). $8000 increase, as from Accounting Equation, increase in total liabilities ($14000) minus decrease in Owner’s Equity ($6000) equal to $8000 increase (positive) in total assets during the same accounting period as shown below:

Here, we are given:

Change In Total Liabilities = +$14000

Change In Owner's Equity = -$6000

Calculate Change In Total Assets In Which Direction = ?

        As we know the accounting equation:                         

 Assets      =       Liabilities    +    Owner’s Equity

By putting the values, we have:

Change / Increase In Assets  =   +$14000    +   (-$6000)

Change / Increase In Assets  = $8000 Increase (Positive)