Star Homes Corporation just recorded a transaction in its bo
Star Homes Corporation just recorded a transaction in its books. If this transaction increased the total liabilities by $12,000, then ________.
A) assets must increase, or equity must decrease by $12,000
B) either assets or equity must decrease by $12,000
C) both assets and equity must each decrease by $6,000
D) assets must decrease by $12,000
ANSWER
A
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