United Co. pays a liability of $10,000. As a result:
Total assets will increase and total liabilities will increase.
Total assets will decrease and total liabilities will decrease.
Total assets will increase and total liabilities will decrease.
Total assets will decrease and total liabilities will increase.
Total assets will decrease and total liabilities will decrease.
Total assets will increase and total liabilities will decrease.
Total assets will decrease and total liabilities will increase.
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