Frank Company Earned $15,000 of Cash Revenue A) Option a
B) Option B
C) Option C
D)

Multiple Choice

Frank Company earned $15,000 of cash revenue.Which of the following accurately reflects how this event affects the company's accounting equation?
$\begin{array}{|c|c|c|c|c|c|c|c|} \hline& \text { Assets } & = & \text { Liabilities } & + & \begin{array}{c}\text { Common } \\\text { Stock }\end{array} & + & \begin{array}{c}\text { Retained } \\\text { Earnings }\end{array} \\\hline \text { A } & 15,000 & = & \text { NA } & + & 15,000 & + & \text { NA } \\\hline \text { B. } & 15,000 & = & \text { NA } & + & 7,500 & + & 7,500 \\\hline \text { C. } & 15,000 & = & \text { NA } & + & \text { NA } & + & 15,000 \\\hline \text { D. } & 15,000 & = & 15,000 & + & \text { NA } & + & \text { NA } \\\hline\end{array}$

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