Tandem Company acquired $23,000 by issuing common stock. Which of the following choices accurately reflects how this event affects the company's financial statements?
C) $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l | } \hline 23,000 & = & 23,000 & + & \text { NA } & 23,000 & - & \text { NA } & = & \text { NA } & 23,000 \mathrm { FA } \ \hline \end{array}$$

Question

Tandem Company acquired $23,000 by issuing common stock. Which of the following choices accurately reflects how this event affects the company's financial statements? 
C) $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l | } \hline 23,000 & = & 23,000 & + & \text { NA } & 23,000 & - & \text { NA } & = & \text { NA } & 23,000 \mathrm { FA } \ \hline \end{array}$$

Quizplus · Accepted Answer

The Answer of Tandem Company acquired $23,000 by issuing common stock. Which of the following choices accurately reflects how this event affects the company's financial statements? 
C) $$\begin{array} { | l | l | l | l | l | l | l | l | l | l | l | } \hline 23,000 & = & 23,000 & + & \text { NA } & 23,000 & - & \text { NA } & = & \text { NA } & 23,000 \mathrm { FA } \ \hline \end{array}$$

Tandem Company Acquired $23,000 by Issuing Common Stock D)