Ferguson Company Sold Goods That Had Cost $950 to Manufacture

Ferguson Company sold goods that had cost $950 to manufacture.How does this transaction affect the financial statements? $\begin{array}{|c|c|c|c|c|c|c|c|c|c|}\hline\text { Assets }&=&\text { Liabilities }&+ &\text { Equity }&\text { Revenue }&- &\text { Expenses }&=&\text { Net Income }\\\hline\end{array}$

A) $$\begin{array} { | l | l | l | l | l | l | l | l | l |l| } \hline ( 950 ) & = & \mathrm { NA } & + & 950 & \mathrm { NA } & - & 950 & = &950 \\\hline\end{array}$$
B) $$\begin{array} { | l | l | l | l | l | l | l | l | l |l| } \hline ( 950 ) & = & \mathrm { NA } & + & (950) & \mathrm { NA } & - & 950 & = &(950) \\\hline\end{array}$$ .

C) $$\begin{array} { | l | l | l | l | l | l | l | l | l |l| } \hline ( 950 ) & = & \mathrm { NA } & + & (950) & \mathrm { NA } & - & 950 & = &(950) \\\hline\end{array}$$


D) $$\begin{array} { | l | l | l | l | l | l | l | l | l |l| } \hline ( 950 ) & = & ( 950 ) & + & \mathrm { NA } & \mathrm { NA } & - & \mathrm { NA } & = & \mathrm { NA } \\\hline\end{array}$$ .