Wing Company Paid $5,000 Cash to Purchase Land $\begin{array}{ccccc} \text { Assets} &=& \text { Liabilities} & + \text { stockholcers }{ }^{\prime} \text { equity } \\\end{array}$

Multiple Choice

Wing Company paid $5,000 cash to purchase land. Which of the following shows the impact of this transaction on Wing's accounting equation? $\begin{array}{ccccc} \text { Assets} &=& \text { Liabilities} & + \text { stockholcers }{ }^{\prime} \text { equity } \\\end{array}$
A.
$\begin{array}{llcc}&+/-&&&& \text {n/a }&&&&&& \text {n/a } \\\end{array}$

B.
$\begin{array}{llcc}&+&&&&& \text {n/a } &&&&&&&+ \\\end{array}$

C.
$\begin{array}{llcc} &-& &&&& \text { n/a } &&&&&&&-\\\end{array}$

D.
$\begin{array}{llcc}&+&&&&&&+&&&&&&& \text {n/a } \\\end{array}$

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