Juarez Company acquired $1,200 from the issue of common stock. Which of the following shows how this event will affect the company's accounting equation? The letters "NA" indicate that the component of the equation is not affected. Assets = Liabilities + Common Stock + Retained EarningsA. $1,200 = $400 + $400 + $400B. $1,200 = $1,200 + NA + NAC. $1,200 = NA + $1,200 + NAD. $1,200 = NA + $600 + $600
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Home » Business » Juarez Company acquired $1,200 from the issue of common stock. Which of the following shows how this event will affect the company's accounting equation? The letters "NA" indicate that the component of the equation is not affected.