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which letter answer? Zebra Company purchased a van for $8,000 cash on January 1, Year 1. On the purchase date, how would Zebra's financial statements

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Zebra Company purchased a van for $8,000 cash on January 1, Year 1. On the purchase date, how would Zebra's financial statements be affected? Income Stateme Balance Sheet Assets - Liabilities + Stockholders' Equity Book Value of Accounts Retained Cash + Van Payable - Common Stock + Earnings A. (8,000) + 8,000 n/a n/a + n/a B. (8,000) + 8,000 n/a n/a + n/a c. (8,000) + n/a (8,000) n/a n/a D. (8,000) + n/a n/a n/a (8,000) Revenue n/a n/a Expense n/a n/a n/a 8,000 + + n/a Income Statement kholders' Equity Retained tock + Earnings + n/a + Revenue n/a n/a n/a n/a Statement of Cash Flows (8,000) OA (8,000) IA (8,000) IA (8,000) OA Expense n/a n/a n/a 8,000 n/a n/a (8,000) Net Income n/a n/a n/a (8,000) + +

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