[The following information applies to the questions displayed below.] Northern Corporation invested $800 cash in South Company stock.What happened as a result of this transaction?
A. South Company has a cash inflow from investing activities.
B. The balance in the Cash account on Northern's books decreased, while the balance in the Cash account on South Company's books increased.
C. Northern Corporation has a cash outflow from financing activities.
D. All of these statements are true.
Answer: B
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