Which of the Following Could Represent the Effects of an Asset

question 12

Multiple Choice

Which of the following could represent the effects of an asset source transaction on a company's financial statements? $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l| } \hline \text { Assets } & = & \text { Liab. } & + & \text { Equity } & \text { Rev. } & - & \text { Exp. } & = & \text { Net Inc. } & \text { Cash Flow } \\\hline\end{array}$$