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During the Current Year,the Assets of Wheatley's Increased by $362,000,and

Question 94

Multiple Choice

During the current year,the assets of Wheatley's increased by $362,000,and the liabilities increased by $260,000.The owners' equity in the business must have:


A) Decreased by $102,000.
B) Decreased by $622,000.
C) Increased by $102,000.
D) Increased by $622,000.

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