Which of the Following Could Describe the Effects of an Asset

question 87

Multiple Choice

Which of the following could describe the effects of an asset exchange transaction on a company's total assets,total liabilities and total equity?
$\begin{array}{|c|c|c|c|c|c|}\hline & \text { Assets } & = & \text { Liab. } & + & \text { Equity } \\\hline \mathrm{A} & \mathrm{NA} & = & \mathrm{NA} & + & \mathrm{NA} \\\hline \mathrm{B} . & + & = & \mathrm{NA} & + & + \\\hline \mathrm{C} . & - & = & \mathrm{NA} & + & - \\\hline \mathrm{D} . & \mathrm{NA} & = & \mathrm{NA} & + & +- \\\hline\end{array}$

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