Frank Company Experienced an Event That Affected Its Financial Statements

Multiple Choice

Frank Company experienced an event that affected its financial statements as indicated below: Which of the following transactions caused the indicated effects?
$$\begin{array} { | c | c | c | c | c | c | c | c | c | c | } \hline \text { Assets } & = & \text { Liab. } & + & \text { Equity } & \text { Rev. } & - & \text { Exp. } & = & \text { Net Inc. } \\\hline 5,000 & = & \mathrm { n } / \mathrm { a } & + & 5,000 & 5,000 & - & \mathrm { n } / \mathrm { a } & = & 5,000 \\\hline\end{array}$$

A) Completed units were sold.
B) Units were completed and moved to finished goods.
C) The cost of units sold was recorded.
D) None of these.