Which of the following could represent the effects of an asset source transaction on a company's financial statements? $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l| }
\hline \text { Assets } & = & \text { Liab. } & + & \text { Equity } & \text { Rev. } & - & \text { Exp. } & = & \text { Net Inc. } & \text { Cash Flow } \
\hline
\end{array}$$

Question

Which of the following could represent the effects of an asset source transaction on a company's financial statements? $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l| } 
\hline \text { Assets } & = & \text { Liab. } & + & \text { Equity } & \text { Rev. } & - & \text { Exp. } & = & \text { Net Inc. } & \text { Cash Flow } \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Which of the following could represent the effects of an asset source transaction on a company's financial statements? $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l| } 
\hline \text { Assets } & = & \text { Liab. } & + & \text { Equity } & \text { Rev. } & - & \text { Exp. } & = & \text { Net Inc. } & \text { Cash Flow } \
\hline
\end{array}$$

Which of the Following Could Represent the Effects of an Asset