[The following information applies to the questions displayed below.] Northern Corporation invested $800 cash in South Company stock.Which of the following describes the effects of this transaction on the elements of Northern Corporation's books? Assets=Liab.+EquityRev.?Exp.=Net Inc.Stmt ofCash FlowsA.?=++NANA?-=??IAB.+=NA++NA?NA=NA+FAC.NA=NA+NA+?NA=+?FAD.+/?=NA+NANA?NA=NA?IA
A. Option A
B. Option B
C. Option C
D. Option D
Answer: D
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Answer the following statement true (T) or false (F)
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