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A transaction has been recorded in the T-accounts of Vernon Company as follows: Cash Land 10,000 10,000 Which of the following reflects how this event

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A transaction has been recorded in the T-accounts of Vernon Company as follows: Cash Land 10,000 10,000 Which of the following reflects how this event affects the company's financial statements? Income Statement Asset + Balance Sheet Stockholders' = Liabilities + Equity Revenue + n/a n/a n/a + n/a n/a n/a n/a n/a A B. C. D + + Statement of Cash Flows +FA -FA -IA -IA Expenses = n/a n/a n/a n/a Net Income n/a n/a n/a n/a + + + n/a

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