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

Assets = Liab + Equity	Rev - Exp = Net Inc.
+ - NA NA	NA NA NA

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

.

	a.	Purchased raw materials inventory on account.
	b.	Transferred cost from work in process to finished goods inventory.
	c.	Recognized revenue from merchandise sold for cash.
	d.	none ofthe above.