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Which of the following could represent the effects of an asset exchange transaction on a...

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Accounting

  1. Which of the following could represent the effects of an asset exchange transaction on a company's financial statements?

    Assets = Liab. + Equity Rev. Exp. = Net Inc. Cash Flow
    A. + = NA + NA NA NA = NA IA
    B. + = + + NA NA + = + NA
    C. = NA + NA NA = NA OA
    D. None of these could represent the effects of an asset exchange transaction.

    Option A

    Option B

    Option C

    Option D

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