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Northern Corporation invested $800 cash in South Company stock. What happened as a result of this transaction? Multiple Choice A The balance in the Cash
Northern Corporation invested $800 cash in South Company stock. What happened as a result of this transaction? Multiple Choice
A The balance in the Cash account on Northerns books decreased, while the balance in the Cash account on South Companys books increased.
B South Company has a cash inflow from investing activities.
C Northern Corporation has a cash outflow from financing activities.
D All of these statements are true.
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