Garrison Company acquired $23,000 by issuing common stock. Which of the following accurately reflects how this event affects the company's financial statements? Assets=Liab.+EquityRev.?Exp.=Net Inc.Stmt ofCash FlowsA.23,000=NA+23,000NA?NA=NA23,000 FAB.23,000=NA+23,00023,000?NA=23,00023,000 FAC.23,000=23,000+NA23,000?NA=NA23,000 FAD.23,000=23,000+NA23,000?NA=23,00023,000 OA

A. Option A
B. Option B
C. Option C
D. Option D


Answer: A

Business

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