Juarez Company acquired $1,800 from the issue of common stock. Which of the following shows how this event will affect the company's accounting equation? The letters "NA" indicate that the component of the equation is not affected. Assets = Liabilities + Common Stock + Retained Earnings A. $ 1,800 $ 600 + B. $ 1,800 = $ 1,800 $ 600 NA $ 600 NA C. $ 1,800 NA + $ 1,800 NA D. $ 1,800 NA $ 900 $ 900 Multiple Choice Option A Option B Option C Option D

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 19EB: Josue Fabricating, Inc.s accountant has the following information available to prepare the Statement...
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am. 102.

Juarez Company acquired $1,800 from the issue of common stock. Which of the following shows how this event will affect the company's accounting equation?
The letters "NA" indicate that the component of the equation is not affected.
Assets
= Liabilities +
Common Stock
+
Retained Earnings
A.
$ 1,800
$ 600
+
B.
$ 1,800
=
$ 1,800
$ 600
NA
$ 600
NA
C.
$ 1,800
NA
+
$ 1,800
NA
D.
$ 1,800
NA
$ 900
$ 900
Multiple Choice
Option A
Option B
Option C
Option D
Transcribed Image Text:Juarez Company acquired $1,800 from the issue of common stock. Which of the following shows how this event will affect the company's accounting equation? The letters "NA" indicate that the component of the equation is not affected. Assets = Liabilities + Common Stock + Retained Earnings A. $ 1,800 $ 600 + B. $ 1,800 = $ 1,800 $ 600 NA $ 600 NA C. $ 1,800 NA + $ 1,800 NA D. $ 1,800 NA $ 900 $ 900 Multiple Choice Option A Option B Option C Option D
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