Dugger Company experienced an accounting event that affected its financial statements as indicated below:

Assets

=

Liab.

+

Equity

Rev.

Exp.

=

Net Inc.

Cash Flow

+

n/a

n/a

n/a

n/a

n/a

OA

Which of the following accounting events could have caused these effects on Dugger Company's financial statements?

A.) Paid cash dividends.

B.) Paid accounts payable.

C.) Paid cash for rent in advance.

D.) Purchased equipment for cash.