Garrison Company Acquired $23,000 by Issuing Common Stock A) Option a
B) Option B
C) Option C
D)

question 51

Multiple Choice

Garrison Company acquired $23,000 by issuing common stock.Which of the following accurately reflects how this event affects the company's accounting equation?
$$\begin{array} { | c | c | c | c | c | c | c | c | } \hline & \text { Assets } & = & \text { Liabilities } & + & \begin{array} { c } \text { Commnn } \\\text { Stuck }\end{array} & + & \begin{array} { c } \text { Retained } \\\text { Earnings }\end{array} \\\hline \text { A } & 23,000 & = & \text { NA } & + & 23,000 & + & \text { NA } \\\hline \text { B. } & \text { NA } & = & 23,000 & + & ( 23,000 ) & + & \text { NA } \\\hline \text { C } & \text { NA } & = & \text { NA } & + & 23,000 & + & ( 23,000 ) \\\hline \text { D. } & 23,000 & = & \text { NA } & + & \text { NA } & + & 23,000 \\\hline\end{array}$$

• A) Option A
• B) Option B
• C) Option C
• D) Option D

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Definitions:

Prostitution

Engaging in sexual behaviors in return for monetary remuneration.

Prevalence

A statistical measure that indicates how common a particular condition, behavior, or phenomenon is within a specific population or area at a certain time.

Legalization

The process of making something that was previously illegal permissible by law.

Prostitution Ban

Legislation or regulations that prohibit the exchange of sexual services for money or other benefits.