A transaction has been recorded in the T-accounts of  Horowitz Corporation as follows:Cash25,000 Common Stock 25,000Which of the following reflects how this event affects the company's financial statements? Asset=Liab.+Stk.EquityRev.-Exp.=Net Inc.Stmt ofCash FlowsA.+=++NANA-NA=NA+FAB.+=NA++NA-NA=NA+FAC.-=NA+---NA=-+OAD.-=-+NANA-+=--IA

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


Answer: B

Business

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