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Which of the Following Would Not Describe the Effects of an Asset

Question 72

Multiple Choice

Which of the following would not describe the effects of an asset source transaction on the accounting equation?
 Assets = Linbilities + Corrunon  Strek + Retained  Earnings  A +=++ NA + NA  B. += NA + NA ++ C. += NA +++ NA  D. += NA + NA + NA \begin{array} { | l | c | l | c | c | c | c | c | } \hline & \text { Assets } & = & \text { Linbilities } & + & \begin{array} { c } \text { Corrunon } \\\text { Strek }\end{array} & + & \begin{array} { c } \text { Retained } \\\text { Earnings }\end{array} \\\hline \text { A } & + & = & + & + & \text { NA } & + & \text { NA } \\\hline \text { B. } & + & = & \text { NA } & + & \text { NA } & + & + \\\hline \text { C. } & + & = & \text { NA } & + & + & + & \text { NA } \\\hline \text { D. } & + - & = & \text { NA } & + & \text { NA } & + & \text { NA } \\\hline\end{array}


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

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