A company received $50,000 cash and issued common stock in exchange. How does this transaction affect the accounting equation?     Add $50,000 to Cash and add $50,000 to Retained Earnings.     Add $50,000 to Cash and add $50,000 to Revenue.     Add $50,000 to Dividends and subtract $50,000 from Retained Earnings.     Add $50,000 to Cash and add $50,000 to Common Stock. HELP ME PLEASE

Q: Meman

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Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is