1. Which of the following could represent the effects of an asset exchange transaction on a company's financial statements?

   	Assets	=	Liab.	+	Equity	Rev.		Exp.	=	Net Inc.	Cash Flow
   A.	+	=	NA	+	NA	NA		NA	=	NA	IA
   B.	+	=	+	+	NA	NA		+	=	+	NA
   C.		=	NA	+		NA		NA	=	NA	OA
   D.	None of these could represent the effects of an asset exchange transaction.

   		Option A
   		Option B
   		Option C
   		Option D