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If the Liabilities of a Business Increased $86,000 During a Period

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Essay

If the liabilities of a business increased $86,000 during a period of time and equity in the business decreased $23,000 during the same period,enter the appropriate amounts for this activity in the accounting equation format shown below.
If the liabilities of a business increased $86,000 during a period of time and equity in the business decreased $23,000 during the same period,enter the appropriate amounts for this activity in the accounting equation format shown below.


Definitions:

Ophthalmic Examination

A comprehensive evaluation of the eyes and vision, including tests for visual acuity, eye pressure, and examination of the eye structures.

Conjunctivitis

Inflammation of the conjunctiva, the outermost layer of the eye and the inner surface of the eyelids, typically causing redness and discharge.

Glaucoma

A group of eye conditions characterized by damage to the optic nerve, often due to abnormally high pressure in the eye.

Cataracts

A clouding of the eye's natural lens, leading to a decrease in vision and, if untreated, potentially resulting in blindness.

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