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 in total
assets during the same accounting period as shown below:
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