Tandem Company borrowed $32,000 by issuing common stock. Which of the following choices accurately reflects how this event affects the company's financial statements?
Assets = Liab. + Equity Rev. − Exp. = Net Inc. Cash Flow
A. 32,000 = NA + 32,000 NA − NA = NA 32,000 FA
B. 32,000 = NA + 32,000 32,000 − NA = 32,000 32,000 FA
C. 32,000 = 32,000 + NA 32,000 − NA = NA 32,000 FA
D. 32,000 = 32,000 + NA 32,000 − NA = 32,000 32,000 OA

a. Option A
b. Option B
c. Option C
d. Option D