Anton Company paid cash to extend the life of one of its assets. Which of the following choices accurately reflects how this event would affect the elements of the financial statements? Assets=Liab.+EquityRev.?Exp.=Net Inc.Stmt of CashFlowA.+?=NA+NANA?NA=NANAB.+?=NA+NANA?NA=NA?IAC.?=NA+?NA?+=??OAD.?=NA+?NA?+=?NA
A. Option A
B. Option B
C. Option C
D. Option D
Answer: B
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a. True b. False Indicate whether the statement is true or false