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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?
 Assets = Liab. + Equity ANA=NA+NAB.+=NA++C.=NA+D.NA=NA++\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

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