Vantage Corporation Invested $800 Cash in Tandem Company Stock A) $$\begin{array} { | l | l | l | l | l | l | l | l|l|l|l|} - & = & + &+& \mathrm { NA } & \mathrm { NA }& - & - & = & - & - IA \\\hline\end{array}$$

Multiple Choice

Vantage Corporation invested $800 cash in Tandem Company stock.
Which of the following describes the effects of this transaction on Vantage Corporation's books? $$\begin{array} { | l | l | l | l | l | l | l } \hline \text { Assets } = & \text { Liab. } + & \text { Equity } & \text { Rev. } - & \text { Exp. } = & \text { Net Inc. } & \text { Cash Flow } \\\hline\end{array}$$

A)
$$\begin{array} { | l | l | l | l | l | l | l | l|l|l|l|} - & = & + &+& \mathrm { NA } & \mathrm { NA }& - & - & = & - & - IA \\\hline\end{array}$$
B)

C)

D)
$$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l | } \hline \text { NA } & = & \text { NA } & + & \text { NA } & \text { NA } & - & \text { NA } & = & \text { NA } & \text {-IA } \\\hline\end{array}$$