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  • Jan 31, 2006, 12:54 PM
    oneala
    Accounting
    If my assests increase by $15,000 and my libilities $6,000 during a period,will my owers equity increase or decrease by 9000?
  • Jan 31, 2006, 04:06 PM
    CaptainForest
    Assuming you meant Liabilities increase by $6,000.

    Then your owner's equity will increase by $9,000

    Assets = Liab + OE
    +15 = +6 + ? Therefore, OE is a plus 9

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